The tax cuts in President Donald Trump’s One Big Beautiful Bill would likely gouge a $2.4 trillion hole in the federal budget

The US trade deficit more than halved in April as President Donald Trump's global tariffs reversed an import surge that preceded the new duties.

The European Central Bank has made "great progress" in taming inflation but it should watch out for fresh price hikes caused by U.S. tariffs, ECB policymaker Isabel Schnabel said on Saturday. The ECB

Car buyers racing to get ahead of President Donald Trump’s tariffs face an uncomfortable truth — the trade war is already boosting US auto prices, often in ways nearly invisible to consumers.

From Walmart to Target, shoppers are turning price hikes into memes. A growing genre of social media posts now tracks the rising costs of goods in real terms as President Donald Trump’s tariffs hit some of the biggest retail stores in the U.

U.S. steelmaker shares soared on news of President Trump’s new tariffs. But are these tariffs as bulletproof as investors seem to believe? The steel tariffs, like those on autos and auto parts, are sector-based.

A court fight over President Donald Trump’s decision to end a US policy that exempted small-value packages from China from tariffs is moving ahead over the administration’s opposition.

President Trump and Chinese leader Xi Jinping spoke on Thursday, with tariff and trade talks set to resume next week. Trump said Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer would meet with Chinese counterparts in London on Monday.

President Donald Trump has come up short on striking trade deals with most nations with just one month left before his self-imposed tariff deadline, even as he took his first steps in weeks toward engaging with China.

Trump announced a new round of trade talks with China next week, a day after calling Chinese counterpart Xi Jinping in a bid to end a battle over tariffs.