The International Monetary Fund said that recent trade deals have avoided the worst of Trump's threatened tariffs, but warned that a renewed U.S.-China trade war could slow output significantly.

Concerns about U.S. trade policy are back in the spotlight after being overshadowed by the government shutdown and other matters.

Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.

U.S. Trade Representative Jamieson Greer on Tuesday said it depended on China whether additional 100% tariffs on its exports to the United States kick in on November 1 or sooner, but acknowledged it might be hard for Beijing to find an off-ramp.

Siegel predicted that China would try to negotiate a reduction in its current tariff rate, which averages 55% on exports to the US.

The Chinese Ministry of Commerce said the controls, issued Oct. 9, were part of Beijing's effort to "better safeguard world peace and regional stability."

This was almost the perfect storm coming together,” he warned. Meanwhile, White House budget office said Friday that mass firings of federal workers have started and could to

And back up goes Wall Street. U.S. stocks rallied Monday after President Donald Trump said ” it will all be fine ,” just days after he sent the market reeling by threatening much higher tariffs on China .