Trade between the U.S. and China is hugely important because of China's immense manufacturing and industrial capacity, which has made it a go-to for many companies based in the Austin metro.

Hegseth has pledged to “restore deterrence” to the Indo-Pacific as China continues a massive military buildup and grows more aggressive around U.S. partners in the Philippines and Taiwan.

President Donald Trump on Friday floated cutting tariffs on China to 80% ahead of a weekend meeting as he looks to de-escalate the trade war. Top U.S. officials are set to meet with a high-level ...

By SEUNG MIN KIM and JOSH BOAK The Associated Press WASHINGTON President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and ...

By The Associated Press Updated May 9, 2025 7:41 pm President Donald Trump on Friday floated cutting tariffs on China to 80% ahead of a weekend meeting as he looks to de-escalate the trade war.

WASHINGTON (AP) — President Donald Trump on Friday floated cutting tariffs on China to 80% ahead of a weekend meeting as he looks to deescalate the trade war.