Trade

An aerial view of a cargo ship passing by the Cheniere Energy liquefied natural gas plant on February 10, 2025 in Port Arthur, Texas. China, the world's largest importer of liquefied natural gas, has announced that it will be placing a 15% tariff on U.S. liquefied natural gas in retaliation to President Trump's ruling to impose tariffs on Chinese commodities. (Photo by Brandon Bell/Getty Images)

A cargo ship arrives at the international cargo terminal at the port of Tokyo on July 8, 2025. (Kazuhiro Nogi via Getty Images)

(Screenshot via Fox News)

A NATO flag seen during the NATO Dragon 24 military exercise on March 4, 2024, in Korzeniewo, Poland. (Getty Images)

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Minister of Defense of Japan Gen Nakatani and US Defense Secretary Pete Hegseth review an honor guard during a welcome ceremony at the Ministry of Defense on March 30, 2025, in Tokyo, Japan. (Kiyoshi Ota Getty Images)

Chinese Chairman Mao Zedong shakes hands with US President Richard Nixon in Beijing during his visit to China. (Getty Images)

A broadcast screen at the Bombay Stock Exchange in Mumbai, India, on April 3, 2025, displays news of US President Donald Trump announcing sweeping new trade tariffs. (Indranil Aditya via Getty Images)

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A man works at a steel market in southwest China's Chongqing Municipality on Monday, June 2, 2025. (Li Hongbo via Getty Images)

President Donald Trump speaks during a swearing-in ceremony for US Ambassador to China David Perdue on May 7, 2025, in Washington, DC. (Anna Moneymaker via Getty Images)

The logo of Japan's largest steel manufacturer Nippon Steel corporation is seen in front of the company's head office in Tokyo on January 7, 2025. (David Marueil/ via Getty Images)