Trump prepares for high level trade talks with China’s President Xi Jinping
This comes as the European Union and Canada promise retaliatory tariffs if the president follows through on a threat made late last week.
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This comes as the European Union and Canada promise retaliatory tariffs if the president follows through on a threat made late last week.
China said Monday that the Trump administration is undermining the temporary May 12 trade agreement between the two nations by issuing AI chip export control guidelines, stopping the sale of chip design software to China and by planning to revoke Chinese student visas.
Foot Locker is the second major U.S. shoe company to be acquired in recent weeks as tariffs hit footwear industry.
No Illinois industry does more business with China than the agricultural sector.
While a tariff truce between the U.S. and China is welcome news for many, farmers in McHenry County are not so sure. Political Reporter Chris Tye reports.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
No Illinois industry does more business with China than the agricultural sector, and farmers have been worried about the hit they could take with tariffs. Political Reporter Chris Tye reports.
The U.S. has agreed to drop its 145% tariff rate on Chinese goods down to 30%.
China has agreed to lower its rate on US goods by about the same percentage points to 10%. The U.S. and China are committing to a 90-day suspension of most levies imposed since early April.
Its not clear what exactly happens after the 90 days are over but it's likely a more long term deal will be made now that there is a plan in place to continue discussions in resolving the trade war.
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of prolonged negotiations.
This comes after President Trump said, “Great progress was being made between the two nations.” The meetings come amid a trade war where both nations have imposed higher tariffs on each other's goods.
Treasury Secretary Scott Bessent and trade negotiator Jamieson Greer are meeting with top Chinese officials in Geneva. These are the first meetings after President Trump and China implemented tariffs on each other.
President Donald Trump promised an announcement about a "major trade deal" with a "big, and highly respected country." The apparent progress as the U.S. and China prepares for their first face to face.
Two Trump administration officials will meet with their Chinese counterparts to discuss trade in the coming days, the administration said Tuesday.
The 485 shipments, 145 of which contained 516 counterfeit watches and 340 other shipments containing counterfeit driver's licenses, came from Hong Kong and China.
The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.
China has denied President Trump's assertion that the two sides were involved in active negotiations over tariffs.
President Trump on Sunday said there were no exceptions made to his tariff announcements, adding that "nobody" will see an exemption in his widening trade war.
The exemptions, published late Friday in a notice by the U.S. Customs and Border Protection office, cover various electronic goods, including smartphones.
Small businesses in the Chicago area are making some difficult decisions about their future, because of the tariffs imposed by the Trump administration and the retaliation from China.
Chinese officials called soaring U.S. tariffs are "a joke," Friday, while sharply hiking levies on American imports to 125%. Investors aren't laughing as the stock market wobbled again.
The move comes after President Trump raised tariffs to the same level on Chinese goods.
The owner of Timeless Toys said he was forced to buy $200,000 worth of toys due to the trade war between the world's two largest economies.
The owner of Timeless Toys in Lincoln Square says he would like to keep toys out of tariff talk and keep prices low for the holiday season, but he is nervous costs will skyrocket. Shardaa Gray reports.
A year ago on Friday, Robert Prevost went from a relatively unknown cardinal to the pope, news that shocked and excited Chicago and the world.
Three baby bald eagles were recently born in Chicago, the first time the national bird of the United States has hatched in the city in more than a century.
A man has been arrested on a slew of felony charges after jumping out of a moving van after fleeing a traffic stop while officers were inside his vehicle on Tuesday in northwest Indiana.
Los Angeles police are looking for a driver who struck and killed a Chicago Cubs fan in town for a game last month.
After accusations flew in dueling legal filings earlier this week, a federal judge on Thursday officially dismissed the main conspiracy charge against the remaining "Broadview Six" immigration protesters indicted last fall.
Three of the nation's major scholarly groups challenged the Trump administration's cuts to humanities grants.
Since his second term started, President Trump has introduced a flurry of initiatives aimed at taming the excesses of the pharmaceutical industry.
Chicago Mayor Brandon Johnson and other mayors are asking Illinois lawmakers to increase the share of income tax revenue that goes to local governments.
President Trump had backed challengers to Indiana state senators who voted against his redistricting plan — and on Tuesday, most of them won.
Indiana voters are choosing nominees for the U.S. House under existing district boundaries during Tuesday's primary elections.
Chatham residents say they're losing a vital resource as Walgreen's prepares to close its store near 86th and Cottage Grove.
According to AAA, the average price of a gallon of regular gas in Chicago was $5.17 on Friday, up from $3.75 a year ago.
Peoples Gas and North Shore Gas Company customers are likely to see minor credits on their bills for the next three years, thanks to a $125 million settlement agreement announced Thursday by Illinois Attorney General Kwame Raoul.
Chicago gas prices are spiking as the war with Iran drags on, with regular gas nearing $6 in some spots and premium already selling for more than $7 in some places.
In the legal venue of anti-trust enforcement, the state is not taking on the Trump administration, but rather filling a void that state officials say the Trump administration has vacated.
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
Thirty years ago, Advocate Children's Hospital created a specialized team to transport the smallest patients to get life-saving care. On the anniversary of the Neonatal Pediatric Transport Team, they unveiled some a new ambulance.
The second-largest physicians' group in the U.S. has issued a surprising switch in breast cancer screening recommendations.
A new $48 million wellness center opened Thursday in the West Garfield Park neighborhood. The goal is to improve the health and quality of life for people on the West Side of Chicago.
La Rabida Children's Hospital went all out for Earth Day on Wednesday, with volunteer cleanup efforts by staffers and activities for patients and families.
U.S. prosecutors allege a man with multiple aliases used the name of the famed Astor family to scam a Mexican billionaire out of $450 million.
Thousands of people marched from the West Loop to Daley Plaza in downtown Chicago on Friday for May Day, with activists calling for workers' rights, stronger labor protections, and increased school funding.
A $170 million-plus plan announced this week will redevelop the Water Tower Place mall on the Magnificent Mile.
The Holiday Club in Chicago's Buena Park neighborhood will soon be going out of business, as the building that houses the popular bar is set to be torn down.
At a meeting on Tuesday, the Lincolnwood Village Board approved a pre-development agreement with the mall, providing a roadmap with the property owner for further preparations and government approvals for redevelopment.
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
Some youngsters got a behind-the-scenes look at the magic of making opera Sunday at the Lyric Opera of Chicago.
Matt DeCaro, an actor who was a familiar face on the Chicago stage for many years, died this weekend.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Tickets for the 2026 Ravinia Festival season went on sale Thursday morning.
Chief meteorologist Albert Ramon has the latest First Alert Weather forecast.
A year ago on Friday, Robert Prevost went from a relatively unknown cardinal to the pope, news that shocked and excited Chicago and the world. One year after he became leader of the Catholic Church, a lot of people from the Chicago area have visited the man now known as Pope Leo XIV.
Three baby bald eagles were recently born in Chicago, the first time the national bird of the United States has hatched in the city in more than a century.
Officials with the World Health Organization have confirmed that of the eight suspected hantavirus cases linked to a Dutch cruise ship, five were infected with the Andes strain of the virus, the only known hantavirus strain to spread person-to-person.
Los Angeles police are looking for a driver who struck and killed a Chicago Cubs fan in town for a game last month.
A nationwide Canvas outage has been reported, and is impacting schools in the Chicago area, including Northwestern University, the University of Chicago, UIC and the University of Illinois.
A year ago on Friday, Robert Prevost went from a relatively unknown cardinal to the pope, news that shocked and excited Chicago and the world.
Three baby bald eagles were recently born in Chicago, the first time the national bird of the United States has hatched in the city in more than a century.
A man has been arrested on a slew of felony charges after jumping out of a moving van after fleeing a traffic stop while officers were inside his vehicle on Tuesday in northwest Indiana.
Los Angeles police are looking for a driver who struck and killed a Chicago Cubs fan in town for a game last month.
A man from the Chicago suburbs lost $69,000 of his savings to a scam by a thief using an AI-generated U.S. Marshals badge to intimidate him.
Illinois lawmakers are trying to decide what should happen when artificial intelligence leads to serious destruction or even death, and two of the most influential AI companies in the world are backing opposing state bills trying to answer that question.
Rideshare drivers say it's getting difficult to continue working as gas prices surpass $6 in the city.
More than four months after a Chicago woman battling ALS was told she couldn't get a disabled parking placard in front of her home, the sign is up and her life is about to change.
An elderly woman has essentially abandoned her home of three decades because of constantly broken elevators at her high-rise condo building on the Southwest Side of Chicago.
Michael Conforto went 3 for 3 with a homer and two RBIs, Shota Imanaga pitched six innings of one-run ball and the Chicago Cubs extended their winning streak to nine games with an 8-3 win over the Cincinnati Reds.
In May 2019, Bridgett Kolls came to a Cubs game with a simple sign that read "this lil cubbie needs a kidney" and her phone number. It caught the attention of Allesio, who is a Chicago White Sox fan
The Cubs also won their 14th straight home game for their longest win streak at Wrigley Field since they also won 14 in a row at the iconic ballpark in 2008.
Travis d'Arnaud hit a three-run homer, Walbert Ureña threw six innings of two-hit ball, and the Los Angeles Angels defeated the Chicago White Sox 8-2.
Boyd had an MRI that showed a meniscus issue, and manager Craig Counsell said the team isn't sure how long the left-hander is going to be out.
Police across Chicago and the northern suburbs were investigating a string of overnight smash-and-grab burglaries targeting businesses.
A teenager has been charged with shooting and killing his father inside their home in southwest suburban Oak Lawn following an argument on Monday.
The Mexican navy helped rescue shipwrecked sailors and retrieve bales of illicit drugs that had been dumped into the ocean.
A man was killed on Tuesday night in a shooting less than a block from an elementary school in the West Englewood neighborhood.
A 17-year-old boy has died after police said he was stabbed by another teen over the weekend in southwest suburban Joliet.