Acting President Han Duck-soo said South Korea will not form a coalition with China and Japan to jointly respond to the U.S. tariff measures, but seeks to resolve the issue through negotiations with Washington,

South Korea will not follow China in fighting back against tariffs imposed by the United States, its leader told CNN in an exclusive interview on Tuesday, as he touted plans to try to secure a deal with President Donald Trump.

As markets fall and support for Trump’s approach crumbles, Beijing is showing no sign of buckling. But with its own weak economy, it also has a lot to lose.

President Donald Trump announced an additional 50% tariff on goods imported from China, which could potentially double the price of Chinese imports. Trump's additional tariffs followed China's announcement that it was matching the "reciprocal tariff" Trump announced last week amid the new sweeping tariffs on US imports.

"It would be a mistake to think that China will back off and remove tariffs unilaterally," says Alfredo Montufar-Helu, a senior advisor to the China Center at The Conference Board think tank. "Not only would it make China look weak,

U.S. President Donald Trump threatened to further increase tariffs on China on Monday, raising the possibility of further escalation in a trade war that has already wiped trillions of dollars from global markets.

Trump reiterated his threat of 50% duties on Chinese goods if Beijing did not retract its counter-tariff plans by Tuesday

Threats and pressure are not the right way to deal with China, a Chinese foreign ministry spokesperson said on Monday after describing U.S. President Donald Trump's "reciprocal tariffs" as bullying.

Global markets plunged Monday following last week's two-day meltdown on Wall Street, and U.S. President Donald Trump said he won't back down on his sweeping new tariffs, which have roiled global trade.

Donald Trump's sweeping new tariffs on U.S. imports have targeted countries across the world in the most serious blow to the global trading system in decades.

The higher rates are set to be collected beginning Wednesday, ushering in a new era of economic uncertainty with no clear end in sight.

Trump has insisted his tariffs are necessary to rebalance global trade and rebuild domestic manufacturing. He's singled out China as “the biggest abuser of them all” and criticized Beijing for increasing its own tariffs in retaliation.

President Donald Trump said Sunday that he won't back down on his sweeping tariffs on imports from most of the world unless countries even out their trade with the U.S.

The markets have been up and down today amid uncertainty over President Trump's tariffs. Now other countries are weighing their response to the tariffs and Elon Musk is calling for a zero tariff situation.

Just hours after Trump's comments, stock markets plunged in Asia early on Monday, with Hong Kong's Hang Seng losing 9.8%.

The impact from U.S. President Donald Trump's blast of tariff hikes is reverberating across world markets as America's trading partners puzzle over whether there is room for negotiating better deals.