U.S. stock futures all moved into positive territory Friday after initially being in the red following China's announcement that it is raising tariffs on U.S. imports to 125% from 84%, the latest escalation in the trade war between the two countries.

US stock futures extended some of Thursday's losses before bouncing back as Wall Street gets ready to wrap up another week of tariff-fueled turmoil. Thursday's session showed that the initial optimism from Trump's 90-day "pause" on reciprocal tariffs for most trade partners had given way to concern about his escalation with China.

Major stock indexes fell on Tuesday afternoon as the United States said 104% duties on imports from China will take effect shortly after midnight, while the euro and European equity index futures rose after reports that Germany's political parties reached a deal on a coalition.

With the dust now settled on the euphoric market rebound following President Donald Trump's trade war climb-down, investors are realizing that the global economy still faces the most punishing U.S. tariffs in nearly 100 years.

Xi Jinping and Donald Trump have found themselves locked in a standoff as tensions over US tariffs worsen an already-strained relationship. How has China reacted so far and what’s next? Join Bloomberg’s Daniel Ten Kate,

President Trump says his administration is going to work out trade deals with the countries which have approached him after he announced a sweeping tariffs package last week. This comes as his budget deal,

Global stocks see-sawed in volatile trade Friday while the dollar sank, as investors jostled to square their books after a brutal week marked by all-out trade war and a dramatic loss of confidence in U.

Jitters about US tariffs hammered Asian stocks again early Friday as President Donald Trump acknowledged a "cost" to his surging trade offensive against superpower rival China.The US leader said Thursday that the European Union was "very smart" to back off from imposing retaliatory tariffs because of his tough stance on China even as the bloc's chief warned it could tax US Big Tech.

China's exports likely picked up pace in March, as factories rushed out shipments ahead of U.S. President Donald Trump's sweeping tariffs this month, though the broadening trade war with the United States has darkened the economic outlook.