China wants to bring its trade ties with the U.S. back to a stable footing, its commerce minister said, adding that recent talks in Europe showed there was no need for a tariff war while urging the U.

As chaotic tariff negotiations disrupt global supply chains and make planning more difficult, manufacturers in China are racing to adapt.

U.S. trade war could harm Iran’s economic lifeline –  but also see potential opportunity in global polarization.