Asian stock markets headed for a second straight week of gains on Friday and the dollar for its first weekly rise in more than a month as investors have welcomed an apparent softening of the White House stance on China,

American retailers are growing worried that President Trump's trade war and increased volatility will lead to empty shelves, higher prices and store closures as Chinese imports screech to a halt. Why it matters: Many retailers stocked up on inventory in the first months of 2025,

President Donald Trump suggested another delay to his higher so-called “reciprocal” tariffs was unlikely, raising pressure on nations to negotiate trade deals with his administration.

China exempts some U.S. imports from 125% tariffs Beijing seeks to mitigate economic fallout from trade war Some recent imports from US have not been subject to tariffs, AmCham says, citing members April 25 (Reuters) - China has exempted some U.

Levies on certain U.S.-made microchips have been dropped, importers say. Meanwhile, China denied President Trump’s claims that talks to reduce tariffs are happening.

Gatestone Institute senior fellow Gordon Chang joins ‘Fox Report’ to break down China’s move to waive tariffs on certain U.S. goods and analyze the broader implications of the ongoing trade battle with the Trump administration.