The Trump administration gave the tech industry and consumers a collective heart attack this morning with a statement that suggested the US would raise tariffs on China to 245%. The White House published an official fact sheet that said,

China now faces tariffs up to 245 per cent on imports to the US due to its retaliatory actions, the White House has said, as the trade war escalated between the world’s two largest economies. Separately in a post on Truth Social,

Fox News senior national correspondent Aishah Hasnie breaks down President Donald Trump's talks with the Italian prime minister and his trade deals on 'Special Report.'

The president has watered down some of his trade demands, but that’s created confusion in the markets and has forced his administration to adapt its messaging.

President Donald Trump said Thursday that the United States was in talks with China on tariffs, adding that he was confident the world's largest economies could make a deal to