Tariffs, including the 15% rate for most imports from the EU, would raise consumer prices by 1.8% in the short run, according to the Yale Budget Lab.

The economy was supposed to crumble. The trade war was expected to escalate out of control. Markets were forecast to plunge.

U.S. President Donald Trump is playing 18 holes on his new golf course in Scotland as pressure grows for him to address ...

Trump’s tariffs and trade deals continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

US growth was expected to reach 1.9% in 2025, up 0.1 percentage point from April's outlook, edging up to 2% in 2026. A new US tax cut and spending law was expected to increase the US fiscal deficit by ...

U.S. Trade Representative Jameison Greer said talks with China are “going in the right direction” as negotiators in Washington and Beijing try to break an impasse on tariffs.

James Knightley, ING’s chief international economist, said the deal with the European Union is important. But he said there ...

Donald Trump rattled markets again by threatening secondary sanctions on Russian energy buyers and setting a tighter ...

Updated with European Commission's reply Proposed changes to the EU deforestation law supported by a majority of member ...

Euro falls against dollar, with Trump's tariffs seen as slowing European growth ...

Investor confidence has been lost after numerous execution failures. Given strategic uncertainty, risks remain. However, there is also significant room for improvement off a severely depressed base.

As President Donald Trump’s team continues talks with Chinese officials in Stockholm, some European companies were getting a ...