By Joe Cash BEIJING (Reuters) -China wants to bring its trade ties with the U.S. back to a stable footing, its commerce minister said, adding that recent talks in Europe showed there was no need for a tariff war while urging the U.

China accounted for 5.89% of all U.S. trade in May, its lowest percentage in decades. Trump’s tariffs or trade trickery? It’s hard to dispute it’s a remarkable shift.

M said it expects a gross tariff impact of 20 cents a share for the full year, down from its prior projection of 60 cents a share, thanks in part to easing trade tensions between the U.S. and China. CEO Bill Brown said most of the materials maker’s tariff costs are related to China,

American companies in China are reporting record-low investment plans and declining confidence in profits this year. A survey by the U.S.

M raised its full-year profit forecast and projected a smaller tariff-related hit to its 2025 earnings on Friday, weeks after the U.S. and China arrived at a trade truce.

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

China's trade surplus surged in June, which analysts have attributed to exporters rushing to ship products before U.S. tariffs recommence.

China and Australia will keep open dialogue and look for areas of cooperation despite strategic competition in the Indo-Pacific region, Australia's Prime Minister Anthony Albanese said on Tuesday after meeting China's President Xi Jinping in Beijing.

The Trump administration is about to perform its latest reversal in trade negotiations with China, if Nvidia is to be believed. The company says it plans to resume sales of its H20 AI chip to China after securing assurances from Washington that it would approve the shipments.