The first batch of car pricing data since new vehicle tariffs went into effect show an increase as a global trade war upends the industry.

Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while China’s moved to 10% from 125%, per a joint statement

That is the U.S.’s effective tariff on China, with the deal announced after a weekend of negotiations, according to Evercore ISI. That figure includes levies in place be

China will lower its tariffs on U.S. goods to 10% for an initial 90 days starting from 12:01 pm (0401 GMT) on Wednesday, Chinese finance ministry said in a statement on Tuesday.

CBIZ has launched a new tariff solution service aimed at helping businesses navigate the complexities of changing trade rules, particularly in light of ongoing US-China trade tensions.

The Nasdaq 100 Index turned higher for the year on Tuesday, reversing a roughly $5 trillion rout, as enthusiasm for technology stocks grows with global trade tensions cooling after the Trump administration and China agreed to temporarily lower tariffs.

Vietnam is stepping up its fight against counterfeits and digital piracy after the United States accused the country of being a major hub for these illegal activities and threatened crippling tariffs,

The U.S. collected a record $16.3 billion in customs revenue in April, although the "Liberation Day" import tax revenue surge could be short-lived.

US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report