Jamie Dimon spoke at the 2025 Reagan National Economic Forum on Friday.Dimon said he hoped the US could "get our own act together" amid the US-China trade war.Trump said China "violated" its trade agreement with the US this week.

Quebec Premier François Legault said he is monitoring the situation after U.S. President Donald Trump announced his intention to double the tariffs on steel and aluminum imports to 50 per cent next Wednesday.

Trump's former ambassador to Vietnam highlighted the main reason China may hesitate to strike a trade deal with the U.S.

Regardless of the outcome of the tariff litigation, tariffs are likely to continue in some form. Falling recession odds and AI spending continue to send stocks higher.

Korea's exports fell 1.3percent in May, marked by declines to the U.S. and China, despite record semiconductor shipments and a trade surplus of $6.94 billion.

The legal confusion over tariffs has buffeted U.S. trading partners around the world, casting doubt on the durability of Trump’s favorite bargaining tool.

President Donald Trump accused China on Friday of breaking a short-term trade deal with the U.S. Earlier this month the two countries reached a 90-day deal to reduce high tariffs on trade between the world's two largest economies.

GAP, which also owns Old Navy and Banana Republic, said that Trump's tariffs could cost the company $150 million this year, and the constant changes make it hard for them to plan for the long term.