Chinese and American companies should "work together" to respond to U.S. "unilateral imposition of tariffs," Chinese state media said.
Global business leaders, investors and key policymakers are set to share ideas about what it means to innovate and grow across industries.
Stock markets have seen volatile trading in recent weeks, as investors try to keep on top of the news flow.
Bridgewater founder Ray Dalio on Wednesday warned that a "very severe" supply-demand problem regarding U.S. debt could lead to shocking developments.
European markets are heading for a sharply higher open amid hopes that a ceasefire can be reached to pause the war in Ukraine.
Last year's sales boom helped push Rheinmetall's operating profit to a record high.
The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.
Trump, a major proponent of tariffs, told the room full of business leaders that the duties he has already imposed are having a "tremendously positive impact."
The president threw Elon Musk a lifeline with an event, livestreamed on X, where he touted the cars and said he would buy one.
The measure’s fate is uncertain in the Senate, where several Democrats will be needed to cross the 60-vote threshold for it to pass.