China retaliated against President Donald Trump’s new tariffs, while another U.S. trade partner said it was ready to negotiate. Meanwhile, the Trump administration tried to calm fears about a sustained downturn as stocks closed a second straight day of huge losses.

President Donald Trump said that Vietnamese leader To Lam is willing to eliminate tariffs to avoid punishing new US duties imposed on the Southeast Asian nation’s imports. Lam “told me that Vietnam wants to cut their Tariffs down to ZERO if they are able to make an agreement with the U.

President Trump said he had a call with Vietnam leader To Lam, and said that the latter wants to cut Vietnam’s tariffs down “to ZERO if they are able to make an agreement with the U.S.” News of the call,

President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.

Trading partners are expected to respond with countermeasures that could lead to dramatically higher prices for everything from bicycles to wine. Trump has already imposed 25% levies on autos and car parts.

President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth.

Following President Trump’s announcement of sweeping tariffs on goods imported to the U.S., many world leaders are vowing to impose their own countermeasures. NBC News’ Molly Hunter breaks down which countries could be the most affected by the president’s tariffs and how world leaders are responding.

President Donald Trump's move to impose sweeping tariffs on U.S. imports could force major retailers to raise prices on products ranging from apparel and footwear to electronics as supply hubs Vietnam,

Asian markets and U.S. futures tumbled Thursday following U.S. President Donald Trump ’s announcement of big increases in tariffs on imports of goods from around the world. The