Big Tech is the key piece of the US-China trade war. And some companies are going to feel the heat far more than others.

European Central Bank interest rates have room to fall further as inflation moderates, ECB board member Piero Cipollone said, warning that the U.S. administration's trade war with China could have a detrimental impact on the 20-member euro zone.

As Trump’s new 10 percent tariffs on all Chinese imports took effect, China hit back with tariffs and sanctions of its own.

Beijing has made its decision. After days of warning of counter measures and urging Washington to enter negotiations and "meet China halfway", it has decided to hit back – or at least threaten to retaliate with its own tariffs.

After many months of threats, the US has imposed 10% tariffs on all Chinese goods coming into the country. Helen Qiao, chief economist for Greater China at Bank of America, joins John Lee and Katia Dmitrieva to gauge the impact in the world's second largest economy and what could lay ahead.

The US-China trade war is raising costs for American consumers, affecting car parts, vehicles, and essential medications. Experts warn of price hikes, shortages, and economic uncertainty as tariffs impact imports from China,

Oil extended declines after China imposed levies on some US commodities, with West Texas Intermediate falling to around $72 per barrel and the global benchmark Brent hovering near $75. The yuan traded offshore extended losses with regional peers, while gold was little changed

The move likely will trigger retaliation and risk igniting a trade war that could cause broad economic disruption for all countries involved.

Companies across the country are bleeding cash as they struggle with overcapacity and weak spending in a slumping economy, leaving them vulnerable to tariffs.

Stephen Moore, senior visiting fellow in economics at the Heritage foundation, discusses the Trump-China trade war.