White House Press Secretary Karoline Leavitt holds a letter from President Donald Trump addressed to South Korean President Lee Jae Myung during a press briefing at the White House in Washington July 7, 2025. | Andrew Caballero-Reynolds/AFP via Getty Images
Global Trade

Trump sets 25% tariffs on Japan and South Korea, and new import taxes on 12 other nations

Shipping containers are seen at the port of Oakland, as trade tensions continued over U.S. tariffs with China, in Oakland, California, U.S., May 12, 2025. REUTERS/Carlos Barria
Global Trade

U.S. trade deficit widens in May due to weak exports, says Commerce Department’s Bureau of Economic Analysis

In this photo released by Xinhua News Agency, Chinese Vice Premier He Lifeng, right, shakes hands with U.S. Treasury Secretary Scott Bessent before their meeting to discuss China-U.S. trade, in London, Monday, June 9, 2025. (Li Ying/Xinhua via AP)
Global Trade

U.S., China announce a trade agreement — again. Here’s what it means

PHOTO: Getty Images
Global Trade

Tariff ‘stacking’ adds another headache for U.S. importers

PHOTO: SAM PANTHAKY | AFP via Getty Images
Global Trade

Treasury Releases Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States

Ariens workers install parts on Gravely brand lawn mowers at a company plant in Brillion, Wisconsin, U.S., March 5, 2025. REUTERS/Tim Aeppel
Global Trade

U.S. growth likely to slow to 1.6% this year, hobbled by Trump’s trade wars, OECD says

People on a hill overlooking Yantian port in Shenzhen, Guangdong province, China May 9, 2025. REUTERS/Tingshu Wang
Global Trade

Trump’s tariff tally: $34 billion and counting, global companies say

U.S. President Donald Trump attends a bilateral meeting with European Commission President Ursula von der Leyen during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. REUTERS/Jonathan Ernst
Global Trade

Trump says he’ll delay a threatened 50% tariff on the European Union until July

Trader Daniel Kryger works on the floor of the New York Stock Exchange on May 5, 2025. (AP Photo/Richard Drew)
Global Trade

Trump’s massive import taxes haven’t done much economic damage — yet

US Trade Representative Jamieson Greer, left, and US Secretary of the Treasury Scott Bessent take part in a press conference after two days of closed-door discussions on trade between the United States and China, in Geneva, Switzerland, Monday, May 12, 2025. (Jean-Christophe Bott/Keystone via AP)
Global Trade

U.S. and China reach a deal to slash sky-high tariffs for now, with a 90-day pause

PHOTO: TraPac Los Angeles
Global Trade

Container shipping firms cull Asia-U.S. service as Trump tariffs collapse trade

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