As consumers cut their spending in response to economic uncertainties, U.S. retailers are feeling the pinch of the tariff hikes. The latest data from the U.S. Department of Commerce shows that retail ...

On the first day of a two-day meeting of the Council for Trade in Goods, China proposed a discussion on the U.S. "reciprocal tariffs," urging the United States to uphold the WTO rules, so as to avoid ...

chief economics commentator at the Financial Times. "The main effects of these policies now are creating wild uncertainty," said Wolf, highlighting that the U.S. tariffs and their unpredictable ...

In a statement responding to the U.S. move, von der Leyen said that U.S. President Donald Trump's announcement of universal tariffs on the whole world, including the European Union (EU), is a major ...