The US trade deficit dramatically narrowed in April to a two-year low, plummeting by over 55% due to President Trump's sweeping tariffs. Imports plung

The US trade deficit more than halved in April, government data showed Thursday, pulling back from a record on a plunge in imports as President Donald Trump's global tariffs kicked

The US trade deficit more than halved in April as President Donald Trump's global tariffs reversed an import surge that preceded the new duties. In March and April, the president slapped tariffs on imports of steel,

Trade negotiations between the United States and China stalled shortly after a May 12 agreement between both countries to reduce their tariff rates in order to have talks.

Trump and Xi spoke to revive stalled US-China trade talks as tariffs roil markets. Trump calls Xi “tough,” while key disagreements on tech and trade policy persist.

US President Donald Trump and Chinese President Xi Jinping spoke Thursday, according to China’s Foreign Ministry, as trade tensions roil relations between the world’s two largest economies.

By Brijesh Patel and Anushree Mukherjee (Reuters) -Gold prices edged higher on Wednesday as a weaker dollar and simmering trade tension between the United States and China lifted demand for the safe-haven metal.

China has accused the United States of “provoking new economic and trade frictions” as it responded to US President Donald Trump’s claims that Beijing had violated a trade truce agreed by the two nations last month,

U.S. stocks regained their footing by midday after President Donald Trump said his phone call with Chinese President Xi Jinping was "very good." In a post on Truth Social, Trump said he had a “very good phone call” with Xi,