Fearing a U.S. tariff barrage, Beijing hopes to use “proactive” tariff cuts and investment offers to peel away American partners in Europe and Asia.

Donald Trump is preparing to implement the most extensive tariffs in a century, and some of these tariffs are intended to serve as bargaining chips in trade negotiations, writes "The Washington Post." The newspaper adds that the introduction of a universal basic tariff is unlikely.

The new leader reiterated Indonesia’s non-alignment after signing US$10 billion in new deals in Beijing, now bound for talks in Washington.

Indonesia's new leader has called for collaboration rather than confrontation with China. President Prabowo Subianto made the remarks at a business forum in Beijing on Sunday after the signing of $10 billion in investment deals with Chinese companies.

Indonesian President Prabowo Subianto has pledged to maintain close ties with China during a meeting with Chinese leader Xi Jinping in Beijing, his first overseas stop since he took office three weeks

Fashion house Steve Madden says it will reduce the goods it sources from China to limit exposure to potential tariffs under the incoming Trump administration. Steve Madden, which makes trendy footwear,

The footwear- and accessory-maker says it already has a plan in place to reduce its reliance on imports from China.