U.S. China trade war

Gary Cohn says Trump tariffs on China "totally hurt the United States"

President Trump's former chief economic adviser Gary Cohn said on CBS's "Face the Nation" Sunday that he thinks the president's tariffs on China "totally" hurt the United States, and that he doesn't believe they have helped achieve a different "outcome" with China.

Peace Corps to withdraw volunteers from China

In this illustration, an American eagle flies over the Chinese flag
Illustration: Lazaro Gamio/Axios

The Peace Corps formally notified members of Congress this week that it will withdraw volunteers from China starting in June, according to a statement from Sen. Marco Rubio (R-Fla.)

The latest: In what could be another sign of worsening relations between China and the U.S. — amidst an 18-month trade war — the University of Maryland said on Friday that it will close its Confucius Institute, the earliest of its kind in America.