A White House official says President Donald Trump is planning a $12 billion aid package for U.S. farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war.

CHICAGO ― Shipments of U.S. crops to China are accelerating after a tense tariff war had stalled trade for months, with at least six bulk cargo vessels scheduled to load China-bound soybeans at Gulf Coast terminals through mid-December, according to a shipping schedule seen by Reuters.

US$11 billion will go to row crop farmers, whilst the remaining US$1 billion will be held back for fruits, vegetables and other crops.

Improved trade relations between the US and China may help lower logistics costs, while previous tensions provided opportunities for growth in regions like Africa to cater to global needs for goods and manufacturing,

WASHINGTON (AP) — China likes to condemn the United States for extending its arm too far outside of its borders to make demands on non-American companies. But when it sought to hit back at the U.S. interests this month, Beijing did exactly the same.

The trade war between China and the US intensified this week with both nations imposing new port fees on each other's ships. The latest escalation in tensions between the world’s two largest economies sent bilateral relations, and the markets, into a ...

Chinese exports to the continent grew by over 20% in the first 8 months of 2025, while imports from Africa grew only 2.3%.

Despite US President Donald Trump's decision to permit the export of Nvidia Corporation's advanced H200 chips to China, reports indicate that Beijing might enforce limitations on their use as part of China's ongoing strategy to boost domestic semiconductor self-sufficiency.