The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business.
Consumer attitudes worsened more than expected in April, casting further gloom over the economy as President Donald Trump’s tariffs set off warnings of price increases and a possible recession, fresh data on Tuesday showed.
President Donald Trump will sign an executive order Tuesday to relax some of his 25% tariffs on autos and auto parts, the White House said, a significant reversal as the import taxes threatened to hurt domestic manufacturers.
Global shipping company DHL says it will re-start shipments worth more than $800 from businesses to consumers in the U.S.
President Trump’s tariffs are now affecting baby gear.
China’s leaders are downplaying the potential impact from U.S. President Donald Trump’s trade war, saying they have the capacity to protect jobs and limit damage from higher tariffs on Chinese exports.
President Donald Trump’s tariffs are expected to have a world-wide ripple effect.
The U.S. is planning to impose new port fees on Chinese ships.
Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar.
Most U.S. stocks climbed Thursday, but the worst drop for UnitedHealth Group in a quarter of a century kept Wall Street in check.
