The Latest Breaking News from Wang Wentao

The Trump administration has announced a series of major exemptions to its punishing global tariffs -- an apparent step back in an escalating trade war with China.

The White House has paused most of its 'reciprocal' levies for 90 days, although Trump has singled out China by raising its tariff rate to 125%.

Trade Minister Don Farrell is launching the first phase of a winemaking agreement with China as he looks to boost trade by tens of billions of dollars.

The United States and China on Tuesday raised concerns about trade between the world's two biggest economies, with China's commerce minister urging Washington to lift sanctions on his country's firms "as soon as possible".

EU Trade Commissioner Valdis Dombrovskis reported positive progress in discussions with Chinese Commerce Minister Wang Wentao on Thursday. The talks come as China aims to negotiate an agreement with the European Union to prevent the imposition of high tariffs on electric vehicles (EVs) exported to EU countries.

Chinese officials have warned a delegation of top U.S. executives visiting Beijing this week that higher tariffs on imports from China will harm their businesses inside the country

China’s Commerce minister told German counterpart it was open to negotiating tariffs but wasn’t afraid to retaliate.

The talks could help avoid a looming trade war between China and Europe which has already ensnared European brandy and pork.

Australia's top trade official is predicting China will lift a ban on Australian lobster imports after Chinese Premier Li Qiang visits the country