The top Trump official said China's rare earth export controls were "clearly something that they were planning all along."

All three major stock indexes were advancing in Wednesday morning trading as Treasury Secretary Scott Bessent discussed the possibility of a longer pause on high tariffs against China. He pointed to t

President Trump threatened an additional 100% tariff on Chinese goods in response to Beijing’s rules requiring companies to seek permission to export products made with rare-earth or

Beijing has yet to approve the sale of TikTok U.S., increase soybean purchases or ease export controls, despite several rounds of U.S. trade talks.

Treasury Secretary Scott Bessent blasted The Wall Street Journal over its coverage of U.S.-China trade relations and accused the newspaper of shilling for China. “I think this narrative

This is China versus the world — they have pointed a bazooka at the supply chains and the industrial base of the entire free world,” Bessent also told Fox Business.

Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.

The remarks come amid renewed strain in US-China relations following Beijing’s restrictions on rare-earth exports, which Washington sees as an attempt to gain leverage in trade negotiations.

A 100 percentage-point increase in U.S. tariffs on China doesn’t have to happen, said Treasury Secretary Scott Bessent, saying the two sides could step back from an escalation in their trade war through talks in the coming weeks.

Shares of U.S. rare earth firms fell Tuesday after surging premarket—as stock indexes including the Dow and S&P 500 fell amid escalating trade tensions between the U.S. and China. The broader drop in stock futures comes as both the U.