China on Friday lashed out at what it called U.S. “coercion” after Panama declined to renew a key infrastructure agreement with Beijing following Washington’s threat to take back the Panama Canal. Foreign Ministry spokesperson Lin Jian said at a briefing that China “firmly opposes the U.

China says it "regrets" Panama's decision to pull out of the Belt and Road Initiative (BRI), accusing the United States of using "pressure and coercion to smear and undermine" the project, a massive infrastructure initiative aimed at expanding Beijing's clout overseas.

U.S. President Donald Trump welcomed Japanese Prime Minister Shigeru Ishiba at the White House on Friday and said the two countries would work to cut Washington's trade deficit with Tokyo amid escalating trade tensions threatening to rupture the global economy.

Another sensitive issue Ishiba was expected to address in the leaders’ private talkswas Japan’s Nippon Steel’s efforts to win approval for a $14.1 billion acquisition of the

President Donald Trump said that the US and Japan are discussing a pipeline project in Alaska after meeting with the country’s prime minister, Shigeru Ishiba.

Prices will rise for Americans who buy $5 shirts, $10 lamps and $20 shoes on direct-from-China shopping sites like Shein and Temu after U.S. President Donald Trump this week imposed 10% tariffs on goods from China.

President Trump’s order imposing additional tariffs on China this week also suspended a popular trade exemption known as the de minimis provision that has let bargain platforms such as Shein and Temu skirt import duties and red tape on low-value packages from China.

The postal service temporarily stopped accepting packages from China as a result of the order, only to reverse course a day later. The chaos left many in the US wondering about the fate of packages ordered from companies such as Shein and Temu,