Canada's incoming prime minister Mark Carney, who was chosen by the Liberal Party to replace Justin Trudeau, has vowed to win the trade war with the U.S., create new relationships with "reliable" trading partners,

China has set an ambitious target of “around 5%” growth for 2025, in a defiant show of confidence as it braces for the fallout from escalating American tariffs on its export-driven economy.

Beijing imposed broad tariffs on imports of American food and said 15 U.S. companies could no longer buy from China without special permission.

Beijing has summoned Walmart for reportedly asking Chinese suppliers to swallow the tariff hikes imposed by the Trump administration, marking the latest salvo in the trade spat between the world’s two largest economies.

The world's largest retailer is clashing with China over the company's efforts to reduce the impact of President Trump's increased tariffs. Why it matters: Walmart — whose brand is inextricably linked to low prices — is trying to leverage its monumental size to mitigate its own costs from the billowing international trade war.