Farmers and dairy industry bosses will be impacted by the news this morning.

A 15% duty on imported Chinese goods to the US comes into force today despite ongoing talks.

Efforts by Ireland and other EU countries to find new dairy product export destinations are threatened by the Indonesian government’s proposal to increase import tariffs.

Global markets appear to have called time on the dangerous game of hardball US president Donald Trump is playing with China, as a plunge in shares, government bond yields, and the price of oil signalled his trade wars could lead to world recession.

The escalating trade war between the US and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course.

Most American companies will report second-quarter results in the coming weeks, giving us the first chance to hear directly from a wide variety of businesses since the US and China agreed to resume trade talks.

Global stockmarkets led by Asia joined in a relief rally after US president Donald Trump and China called a truce in their trade war.

European stock markets held up well even as the US-China trade spat remained unresolved, but sterling continued to reflect fears of a hard Brexit.

There is an African proverb that says that when elephants fight, the grass is hit the hardest.

US officials are targeting a $300 bn (€266 billion) list of additional Chinese imports, including laptop computers, for tariff hikes.

Ireland will be the worst hit economy in the eurozone if the US-China trade spat broadens to envelop Europe, according to a leading economics group.

The latest flare-up in the US-China trade war, heralded by what we now expect as the norm by way of a tweet from US president Donald Trump, was as unexpected as it was pointless.

Toyota and Honda forecast profit and sales short of analysts’ estimates as a trade spat between the US and China threatens global car sales already sputtering from weaker demand.

The next Cold War against China will not be won by force of weaponry as was the case against the USSR, but rather through expensive economic strategies, writes Minxin Pei.

China has announced a 90-day suspension of tariff hikes on $126bn of US cars, trucks and motor parts following its ceasefire in a trade battle with Washington.

Presidents Donald Trump and Xi Jinping have agreed to a ceasefire in their increasingly painful trade war, yet their governments’ differing depictions of the deal show just how far apart they really are, writes Jeffrey Kucik of University of Arizona

Shares in Apple, the price of oil, and the euro rose in a global relief rally after US President Donald Trump and China President Xi Jinping declared a ceasefire in their $200bn (€175bn) trade war. However, analysts mulled how long the truce would last.

Global equity markets gained as the latest tit-for-tat US-Chinese trade dispute was seen as barely denting world growth, while US Treasury yields rose in anticipation the Federal Reserve will hike interest rates this year and next.

Germany and France say they are working on financing solutions to sidestep US sanctions against countries such as Iran, including a possible role for central banks.

An unexpected potential easing in the trade spat between the US and China, as well as the promised breakthrough in US talks over trade with Canada and Mexico, have bolstered global shares.

Global stocks advanced after a torrid week dominated by the threat of an escalating trade war between the US and China and political turmoil in Britain over Brexit.

Stocks slumped, the dollar gained, and commodities slid as markets reeled from fresh salvos in the escalating trade war between the US and China.

The Chinese government has vowed to take "firm and forceful measures" against US threats to expand tariff hikes.

Ireland is the third most vulnerable country to a full-blown trade war should US president Donald Trump erect a tariff wall on all US imports, according to a leading group of forecasters.

China’s retaliatory tariffs on US goods struck just as one of its biggest meat importers was rushing a shipment from California through Shanghai customs.

Global shares fell on lower than normal volume as investors waved off stronger than expected US manufacturing numbers and focused on fears of increasing global trade tensions.

For BMW, Tesla and other global car makers whose future is ever-more dependent on China’s burgeoning market, any gains from lower import tariffs this week will likely be short-lived — thanks to President Donald Trump’s trade war.

The year may have got off to a flyer, but the first half of 2018 has been characterised by the return of risk aversion and volatility in financial markets, writes Oliver Mangan.

Europe and China will form a group aimed at updating global trade rules to address technology policy, government subsidies and other emerging complaints in a bid to preserve support for international commerce, EU officials said.

Companies will lose profits, workers will lose jobs, and governments will lose revenue, and the trading system

Finance Minister Paschal Donohoe has signalled Ireland should be able to manage any challenges from a possible transatlantic trade war, as preparations begin for next year’s budget.

Donald Trump stands accused of firing the starting pistol on an international trade war after pressing ahead with his threat to slap tariffs on EU steel imports.

The EU will likely retaliate in kind after US President Donald Trump carried through on his threat to impose tariffs on US imports of steel and aluminium tariffs, escalating the risk of of a global trade war.

Today’s defenders of the European status quo must fight against both Trump’s hostility and against the likes of Matteo Salvini and Luigi di Maio, the rising stars of Italian politics, who see the disintegration of the euro as a boon to their campaign, writes Yanis Varoufakis