tariffs

Trader James MacGilvray, right, works on the floor of the New York Stock Exchange. Stocks are rising Monday, June 10, as investors welcome a deal between the U.S. and Mexico that avoids the imposition of tariffs. (AP Photo/Richard Drew, File)

From left, Mexico's Undersecretary of Foreign Trade Juan Carlos Baker Pineda, Brunei Sultan Hassanal Bolkiah, New Zealand Prime Minister Jacinda Ardern, Canada Prime Minister Justin Trudeau, Peru Foreign Affairs Minister Nestor Popolizio, Chilean President Sebastian Pinera, Philippine President Rodrigo Duterte, Chinese President Xi Jinping, Russian Prime Minister Dmitry Medvedev and Papua New Guinea Prime Minister Peter O'Neill wave during the family photo arrival at the APEC Economic Leaders Meeting at Port Moresby, Papua New Guinea on Sunday, Nov. 18. (AP Photo/Aaron Favila)

In this March. 29, 2018 photo, container ships is docked at the Yangshan port in Shanghai. President Donald Trump has instructed the U.S. trade representative to consider slapping an additional $100 billion in tariffs on Chinese goods in a dramatic escalation of the trade dispute between the two countries. The news comes a day after Beijing announced plans to tax $50 billion in U.S. products, including soybeans and small aircraft, in response to a U.S. move earlier this week to slap tariffs on $50 billion in Chinese imports. (AP Photo)