The United States’ relationship with China is at a new low, but Trump has a chance to redefine bilateral relations by locking China into the U.S.-led global system

After a slower than expected start, the trade war between the US and China has begun to heat up, with President Donald Trump announcing a dizzying series of actions against China in the past seven days — and more to come over the next month.

New U.S. steel tariffs are set to disrupt a multi-billion dollar supply chain moving steel from China to the United States via third countries, ratcheting up competition in the global market and undercutting a vital source of sales for China's struggling steel sector.

U.S. Treasury Secretary Scott Bessent said on Friday that Mexico has proposed matching U.S. tariffs on China in a move that he described as "very interesting" and one that Canada should match. Top Mexican officials have met with members of Trump's cabinet this week for trade talks ahead of a March 4 deadline,

From the aluminum in beverage containers to the steel in vehicles, tariffs are expected to raise prices across the economy.

US Treasury Secretary Scott Bessent said Mexico has proposed matching Washington’s tariffs on China and urged Canada to do the same, signaling a potential path to avert levies on their own exports in the coming days.