U.S. President Donald Trump's stunning decision to pause the hefty duties he had just imposed on dozens of countries sent battered global stock markets surging on Thursday even as he ratcheted up a trade war with the world's No.

President Donald Trump is pausing tariffs for some countries, but imposing more on China. As the president made this announcement,

China has pushed back once again to U.S. President Donald Trump's tariff policies by hiking its levies on U.S. imports to more than 80%. China's Office of the Tariff Commission of the State Council said that tariffs on U.