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Trade court weighs legality of Trump’s 10% global tariff
A trade court examined the legality of President Trump's 10% global tariff amid lawsuits from states and businesses challenging its authority.
Foreign sellers struggle to maintain US customers this holiday shopping season
Small businesses abroad face soaring costs, triggering new tariffs, higher shipping fees and declining American sales.
Global coffee prices plunge after Trump removes tariffs on Brazil
Global coffee prices plunged on Friday after President Donald Trump removed 40% tariffs on imports of Brazilian agricultural products.
US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth
The U.S. economy grew 3.3% in Q2 2025 after a weak first quarter, boosted by falling imports despite uncertainty from Trump’s trade tariffs.
Economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses
The U.S. economy shrank at a 0.3% annual pace from January through March as President Donald Trump's trade wars disrupted business.
Trade deficit dips to $68.9B with exports up
The U.S. trade deficit narrowed in April to $68.9 billion as an improving global economy boosted sales of American exports.
Mazda signs exclusive, five-year deal with Port of Baltimore
Mazda Motor of America Inc. plans to park its Northeast imports at the Port of Baltimore for the next five years, the company and state officials announced Tuesday.
Economic reports hold out hope for hiring gains
WASHINGTON — Fewer people are losing their jobs. Employers are struggling to squeeze more work from their staffs. The U.S. is producing so much oil that imports are plunging, narrowing […]
Trade gap widens to $44.4B as oil imports rise
WASHINGTON — The U.S. trade deficit widened in January, reflecting a big jump in oil imports and a drop in exports. The Commerce Department said Thursday that the deficit rose […]
U.S.growth in 4Q likely stronger on export gains
WASHINGTON — The U.S. trade deficit narrowed sharply in December because exports rose while oil imports plummeted. The smaller trade gap means the economy almost surely grew in the October-December […]
Trade gap hit $48.7 billion in November
WASHINGTON — The U.S. trade deficit expanded in November to its widest point in seven months, driven by a surge in imports that outpaced only modest growth in exports. The […]
U.S. current account deficit fell in Q2 to $117.4B
WASHINGTON — The U.S. current account trade deficit narrowed in the April-June period, pushed lower by an increase in American exports and cheaper oil imports. The Commerce Department said Tuesday […]
