Trump ordered tariffs against China, Canada and Mexico on the weekend in a bid to pressure the countries to do more to stop the flow of migrants and illegal drugs into the U.S.
Good morning. China retaliates against Donald Trump’s tariffs. UBS fourth-quarter profit beats estimates. And explore Melbourne, soon to be Australia’s most populous city. Listen to the day’s top stories.
Secretary of State Marco Rubio praised President Nayib Bukele’s “unprecedented, extraordinary” proposal to accept any convicted criminal deported by the United States.
Beijing announced tariffs of 10% to 15% on U.S. coal, liquefied natural gas, crude oil, pickup trucks and other products shortly after the U.S. tariff took effect.
The world’s two biggest economies did not strike a deal before a deadline. President Trump halted tariffs on Mexico and Canada but did not do so for China.