Existing American tariffs already restrict steel and aluminum shipments from China, which is now flooding other markets with its exports instead.

On today’s Big Take Asia podcast, why a second trade war between the US under Trump and China under Xi could look very different from the first

China imposes new tariffs on U.S. imports in response to Trump's duties on steel and aluminum, escalating trade tensions between the two nations.

President Donald Trump signed a memo Thursday directing his administration to start determining what level of reciprocal tariffs the U.S. will impose on foreign imports—after long promising to announce the new round of tariffs—but the new taxes will not take effect yet.

The president tasked top Cabinet officials to study the matter further before deciding on specifics, a process the White House said could take weeks or months.

Trump calls it unfair that some countries apply higher tariffs to specific American goods than the U.S. applies back. A new executive order seeks to change that.