Long before President Trump wielded tariffs as a weapon to punish Indonesia, the country was fighting back a flood of cheap Chinese goods.

As chaotic tariff negotiations disrupt global supply chains and make planning more difficult, manufacturers in China are racing to adapt.

The US-China deal under negotiation is likely to bear similarities to the phase one trade agreement from Donald Trump's first term, according to a former senior official in that administration - offering clues to what the highly anticipated pact may look like just weeks before a trade truce between the two rival economies is set to expire.

China is prepared to take measures and has a "plentiful" toolbox to avoid an economic slump in the second half of the year, its commerce minister said Friday as he admitted it faced a "very severe and complex situation".

Trump administration officials have defended the mass dismissals, saying they are overdue and necessary to make the department leaner and more efficient. Among the employees laid off are more than 100 people who worked in the Bureau of Consular Affairs, which is self-funded from passport and visa fees.

President Donald Trump has reportedly softened his stance on China compared to six months ago as he looks to secure a trade deal with the U.S.’s closest economic rival, and a meeting with his counterpart,

The US has given chipmakers like Nvidia and AMD the opportunity to sell their chips to China again. Derrick Irwin, portfolio manager at Allspring Global Investments, says the US may have retain some dominance,

Global views of China and its leader Xi Jinping have improved, while opinions of the U.S. and Donald Trump have declined.

Nvidia Corp.’s Jensen Huang spent months telling everyone what a grave mistake the US was making restricting shipments of artificial intelligence processors to China — with little sign that his argument was swaying anyone.