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

After months of posturing, arguing and threatening, U.S. President Donald Trump and Chinese leader Xi Jinping have essentially turned back the clock

Separately, Nvidia CEO Jensen Huang still hopes to sell chips from the company’s Blackwell lineup to customers in China, though he has no current plans to do so, he told reporters Friday. Blackwell is Nvidia’s latest generation of AI semiconductors, figuring prominently as a potential bargaining chip in trade talks between the US and China.

U.S. Treasury Secretary Scott Bessent admitted Thursday that President Donald Trump’s supposedly triumphant talks about a rare earths deal with China were far from finished. Speaking on Fox News, Bessent touted Trump’s recent efforts in getting China to agree to pause export controls on its rare earth minerals supply for one year.

The summit taking place in the South Korean port city of Busan will be their first in person since Trump began his second term in January. Washington and Beijing both have expressed cautious optimism about reaching a deal to ease tensions on trade and other issues, but officials have kept their cards close to the chest before the key negotiations.

President Donald Trump and Xi Jinping agree on soybean purchases after China shifted purchases to Brazil, a move that hurt American farmers.

President Trump and Chinese President Xi Jinping’s trade truce avoids an open rupture in US China trade relations but analysts say it’s more of a de-escalation than progress.

China has reported its factory activity contracted for a seventh straight month in October, reflecting pressure from higher U.S. tariffs and sluggish domestic demand.