China's Commerce Ministry says it is evaluating the possibility of trade talks with the US, following senior US officials' expressions of willingness to talk about tariffs. They urge the US to show "sincerity" towards China,

Beijing has responded to Trump’s tariff hikes by raising its own duties on imports of US products to as high as 125 percent.

"Trade should not be a weapon," Buffett said. He added that tariffs had "led to bad things." "Just the attitudes it's brought out. In the United States, I mean, we should be looking to trade with the rest of the world and we should do what we do best and they should do what they do best,