China has lifted sanctions on five Members of the European Parliament (MEPs) as the country engages in a tariff war with the U.S. The European Parliament said on Apr. 30 that President Roberta Metsola informed the Conference of Presidents of China's decision to lift the sanctions against any member and their families,

"You don't know whether or not China's going to eat it," Trump said of the potential for tariffs on Chinese goods to increase consumer prices.

The president’s taxes on imports seems likely to mean emptier shelves and higher prices, perhaps within weeks.