President Trump said India has made an offer to drop tariffs on US goods as part of ongoing trade negotiations.
Walmart is a bellwether of US consumer health and its statement is a signpost of the impact of the trade war.
The US and China have agreed to slash tariffs temporarily in a surprise breakthrough.
Trump’s policies have roiled global markets and left businesses stumped on how to plan for the foreseeable future.
Trump was the first US president to make an official state visit to Qatar, and the stop culminated in a trade deal.
A high-stakes game of chicken has come to an end for 90 days, as both China and the US claim the upper hand.
![Trump chats with Chinese President Xi Jinping during a welcome ceremony at the Great Hall of the People in Beijing [File: Andy Wong/AP]](https://www.aljazeera.com/wp-content/uploads/2025/02/AP25041375282857-1739202750.jpg?resize=270%2C180&quality=80)
Trade dispute between the southeast African neighbours left Malawian fruit sellers struggling for produce and income.
Experts say the pullback on tariffs shows that China managed to stand its ground, as Trump battled domestic pressure.
These are the updates for Tuesday, May 13, 2025 as the US president begins a tour of the Middle East in Saudi Arabia.
These were the updates from Monday, May 12, 2025.
Some ‘reciprocal’ tariffs and duties are being rolled back in favour of ‘mutually beneficial’ talks.
The two countries have said they will issue a joint statement on the talks on Monday.
Analysts have low expectations of a breakthrough, but host Switzerland hopes ‘road map’ will emerge.
US small businesses are being financially stressed by Trump’s tariffs amidst already slim margins.
