Trump made the comments in an interview aired on Fox News on Monday. "Yeah ... I have talked to him and I have talked to his people, too," Trump said when asked if he has spoken to the Chinese leader ...

President Donald Trump has significantly increased tariffs on steel and aluminum imports to a flat 25% without exceptions.

Trump has announced tariffs on major trading partners. Although this may lead to some short-term benefits, the U.S. is heavily reliant on imports of critical raw materials, especially from China.