UK News
France describes it as a "submission", though there is relief in Europe that a trade war has been averted.
Businesses both small and large are already reckoning with Trump's tariffs, and new levies are set to start this week.
The scheme is China's first nationwide subsidy of its kind as the government tries to tackle a looming demographic crisis.
US President Donald Trump and EU chief Ursula von der Leyen shake on it after "tough negotiations" in Scotland.
Economists say the president's import taxes could result in higher prices for a range of products in the US.