Trump confirmed he won't reverse the 145% tariffs on Chinese goods, raising concerns for global markets and crypto traders anticipating renewed volatility.

Logistics firm Flexport reports that liners are slashing their China-to-U.S. carrying capacity at a faster rate than they did at the start of the pandemic.

Delegations will meet this weekend in Switzerland for the first major talks between the world’s two biggest economies since Trump sparked a tariff war in his second term.