Experts say the low deficit could boost the fourth quarter GDP. New tariffs are causing trade volatility as U.S. businesses try to figure out sourcing and prices. Some experts think duties could be especially hard on American consumers this year as retailers run out of pre-tariff stockpiles.

China’s trade surplus surged to a record of almost $1.2 trillion (€1.031 trillion) last year, the government said Wednesday, as exports to other countries made up for slowing shipments to the United S...

Mark Carney arrived in Beijing on Wednesday in the first visit to China by a Canadian prime minister since 2017.

The levies are likely to be ruled unconstitutional, but Trump could still impose them through other routes, analysts say Read more at The Business Times.

US stocks slumped on Wednesday as the US Supreme Court failed once again to issue a ruling on the legality of Donald Trump’s global tariffs.

On the international level, the decision could reshape US trade policy, which has involved levying tariffs on major trading partners and disrupting global commerce.