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President Donald Trump's executive order is intended to blunt China’s maritime dominance by offering new funding streams to support U.S. shipbuilding, according to an official.

On April 9, Trump ratcheted up pressure on China, raising the import duty to 125%, even as he announced a 90-day pause on reciprocal tariffs for dozens of other trade partners.

China again vowed to “fight to the end” April 9 in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from April 10.

Pete Hegseth's visit comes amid tensions over President Trump’s assertions that the U.S. is being overcharged to use the Panama Canal and that China has influence over its operations.

Hopes for President Donald Trump to strike a last-minute deal with China on tariffs appeared distant.

Panama’s top auditor accused port operator CK Hutchison of wrongdoing, providing a potential path for the  country to wrest control of canal facilities caught in a U.S.-China tug-of-war.

China said April 8 it would “fight to the end” and take countermeasures to safeguard its own interests after President Donald Trump threatened an additional 50% tariff on Chinese imports.

President Xi Jinping’s decision to quickly retaliate against Donald Trump’s sweeping tariffs sent the world a clear message: If the U.S. wants a trade war, China is ready to fight.

President Donald Trump threatened additional tariffs of 50% on China on April 7, raising fresh concerns that his drive to rebalance the global economy could lead to a trade war.

China announced April 4 that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following the U.S. slate of tariffs.