U.S. Defense Secretary Pete Hegseth has asked some parts of the military to propose what could be cut as part of a potential 8% spending reduction for them over each of the next five years, U.S. officials said on Wednesday, although it was unclear if the total defense budget would shrink.

The World Trade Organization (WTO) said on Wednesday that discussions on trade tensions were "constructive", after China accused the US of imposing

China's Ambassador to the WTO Li Chenggang voiced strong concern at the first 2025 meeting of the WTO's General Council over the US' unilateral imposition of tariffs and their harmful effects on Tuesday,

China condemned tariffs launched or threatened by U.S. President Donald Trump at a World Trade Organization meeting on Tuesday, saying such "tariff shocks" could upend the global trading system in a warning dismissed as hypocritical by Washington.

Trump has imposed broad 10% tariffs on all Chinese imports, leading Beijing to retaliate with retaliatory tariffs and filing a WTO case against Washington, in what might be an early test of Trump’s ap

The sweeping tariffs threatened or already imposed by US President Donald Trump risk triggering inflation, market distortions, and even a global recession,

China has called for a debate at the World Trade Organization on "trade turbulence" and how the global trade watchdog should respond in an apparent reference to tariffs launched or threatened by the United States.

Trump has announced 10% tariffs on Chinese imports, prompting Beijing to respond with retaliatory tariffs and to file a WTO dispute against the US

Beijing sees US unilateralism as a threat to global trade, fuelling inflation, market imbalances, and recession risks.

BEIJING (Reuters) - Chinese Commerce Minister Wang Wentao has expressed strong dissatisfaction with U.S. tariffs on Chinese goods in a letter addressed to the newly confirmed U.S. Commerce Secretary Howard Lutnick, the ministry said on Wednesday.

Good morning. Donald Trump says a trade deal with China is possible and touted his “great” relationship with Xi Jinping. Volodymyr Zelenskiy is in a tough spot. And we spoke to the Four Seasons CEO about White Lotus.