Beginning Wednesday, shipments arriving in the United States from China and Hong Kong worth less than $800 could face 54 percent tariffs.

China’s services sector is buckling under U.S. tariffs, with new data showing a dramatic slowdown in April — the latest

China’s surprisingly quick agreement with the US to wind back punitive tariff rates put a spotlight on a Chinese negotiating team that features decades worth of technical trade experience alongside a top aide of President Xi Jinping.

President Donald Trump hailed a “total reset” in trade relations between the U.S. and China. But other trading partners may not find negotiations quite so smooth. To many, China may have appeared the toughest agreement to reach but Trump suggested otherwise, taking aim at the European Union Monday.

The Supreme Court will hear arguments tomorrow about birthright citizenship. How we got here: Trump tried to ban giving U.S. citizenship to children born to foreign visitors and undocumented immigrants. After judges stepped in, he appealed to the high court.

The talks came as protests erupted across China, where the loss of the U.S.—the country's largest single export market—was forcing factories to shut down. Hundreds of workers turned out to protest unpaid wages and what they described as unjust dismissals, Radio Free Asia reported.

Brazil announced two Chinese partnerships on Monday, including a $1 billion investment by China's Envision Energy to produce sustainable aviation fuel, as the country's president visits China. President Luiz Inacio Lula da Silva met with energy companies as well as with automaker GAC,

Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into a recession.