For America, it makes both economic and strategic sense.

China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating as the two sides try again to bridge their differences with fresh talks aimed at reaching an agreement within 90 days.

Apple continued its downward slide Tuesday after US President Donald Trump suggested that 10 percent tariffs could be placed on mobile phones, like the iPhone, and laptops made in China.

For a sense of the damage Donald Trump can inflict on China with export controls, take a trip to the city of Jinjiang on the country's southeastern coast. That's where Fujian Jinhua Integrated Circuit Co. built a $6 billion plant to produce semiconductors as part of China's goal of making the country a self-sufficient technology powerhouse.

After months of threats and skirmishes, the trade war between the United States and China is about to get serious.

Intel could avoid the most severe effects of a new list of Chinese tariffs proposed by US President Donald Trump by shifting its production among its facilities, analysts said Monday.

China's finance ministry said on Friday it has introduced tax breaks for chipmakers made in the country, at a time when the government is seeking to reduce dependence on foreign semiconductors amid trade tensions with the United States over technology transfers.

In the deepening trade negotiations between China and the US, the bargaining chips are quite literally chips.

Losses in Chinese tech stocks outpaced their US counterparts on Thursday, with those losses holding into the close after President Donald Trump announced tariffs on tens of billions of dollars' worth of goods from China.

Semiconductors are expected to account for a record high of more than 16% of South Korea's annual exports in 2017, data showed Friday.

The yen may advance to 100 against the dollar by the year end as investors conclude that Japan is still failing to sustain inflation gains five years after Abenomics was introduced, according to HSBC Holdings.

Japanese businesses are bringing more production of appliances and everyday goods back home, as the cost appeal of making such items overseas fades amid a soft yen and rising wages in Asia.

Will there be a trade war? Probably not, because protectionist measures would hurt the US economy and the Chinese are counting on it to be impractical.

China has reported its first monthly trade deficit in three years, after imports surged and a slowdown during the Lunar New Year holidays hit output.

China's economy grew by 6.7% in 2016, compared with 6.9% a year earlier, according to official data, marking its slowest growth since 1990.

According to the Korea International Trade Association, South Korea recorded a trade surplus of US$29.8 billion in its trade with China for the first 10 months of this year. The amount fell 24% from a year ago whereas South Korea's total exports showed a negative growth of 12% during the same period. The trade surplus is estimated to reach US$35.7 billion at the end of this year. For reference, South Korea posted its all-time high trade surplus with respect to China, US$62.8 billion, in 2013.

Europe's largest economy grew by 0.2% between July and September, half the 0.4% rate seen in the previous three months.

Japan's cabinet has approved an economic stimulus package worth more than JPY28 trillion (US$275bn).

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/8c42c6b6-139a-11e6-91da-096d89bd2173.html#ixzz48A6j9NZ5 The dollar retreated after doubts over the US economy resurfaced in light of disappointing April jobs growth that prompted a reduction in market expectations of Federal Reserve interest rate increases this year.

Chinese exports have seen their sharpest drop in almost seven years, adding to concerns over the health of the world's second largest economy.

Japan's value of exports fell by 12.9% in January from a year earlier, supporting concerns that the slowdown in China - one of the country's most important trading partners - is continuing to hurt demand.

Chinese trade started 2016 on a weak note as January exports declined far more than expected in the face of weak demand and slower production ahead of the just-ended Lunar New Year holiday.

The eurozone economy slowed in the three months to September as exports to large developing economies weakened, a development that makes it more likely the European Central Bank will expand its stimulus programs in December.

China's decades-long economic boom, based on manufacturing for export, is now going in reverse. With orders in some Chinese manufacturing industries declining, the country is facing factory closures and massive worker layoffs.

China's imports in August fell 14.3% in yuan-denominated terms from a year ago, while exports fell by 6.1%.

Stock markets in London, Paris and Frankfurt have fallen sharply as fears of a Chinese economic slowdown continue to haunt investors.

China's surprise devaluation of the yuan couldn't have come at a worse time for some Asian currencies.

Taiwan's dollar fell to a five-year low as the central bank eased monetary policy to spur economic growth and China slashed the yuan's fixing by the most on record.

China's Central Bank has again cut the guiding rate for the national currency, the yuan, a day after Tuesday's record 1.9% devaluation.

Taiwan's economy grew at the slowest pace in three years as exports collapsed amid weaker global demand and rising competition from regional rivals.

Japanese stocks climbed for a seventh day, buoyed by carmakers, after the nation's exports rose more than forecast and expectations for an US interest-rate increase this year weakened the yen.

China's monthly trade data shows exports fell in March from a year ago by 14.6% in yuan terms, compared to expectations for a rise of more than 8%.

Singapore unexpectedly eased monetary policy, sending the currency to the weakest since 2010 against the US dollar as the country joined global central banks in shoring up growth amid dwindling inflation.

China's December trade figures have beaten expectations with exports up 9.7% and imports down 2.3% from a year earlier.

Canon and other Japanese electronics companies want to bring production of some goods back home, reversing a years-old trend of overseas manufacturing as a rapid decline in the value of the yen makes local goods more competitive.

Germany's falling exports come on the back of weaker figures for industrial orders

Trade negotiators from China and the US have reached a preliminary deal they say could end tariffs on as much as a trillion dollars in annual global sales of high-tech goods, eliminating tariffs as high as 25% on some next-generation semiconductors. The deal requires approval of the World Trade Organization, which could take up the issue as early as December.