If the Trump administration stands down from the trade war soon, it could salvage the country's safe-haven status. But if not, it will cost the U.S. economy dearly.

Meloni’s meeting with Trump will test her mettle as a bridge between the European Union and the United States.

Retail sales rose 1.4% in March, after rising 0.2% in February, according to the Commerce Department.

It's the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets and raised fears of a global slowdown.

Tariffs, government layoffs, and federal spending cuts have created economic uncertainty and heightened risk, economist Joel Naroff says.

U.S. stocks soared to one of their best days in history on a euphoric Wall Street after President Donald Trump said he would back off on most of his tariffs temporarily.

China again vowed to “fight to the end” Wednesday in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from Thursday.

The tariffs will go into effect in stages, with some on April 15 and others on May 15 and Dec. 1.

U.S. stocks dove following another stunning reversal.

While world markets calmed somewhat after frenzied selling over two trading sessions that wiped out trillions of dollars worth of wealth, leaders in Asia shifted into damage control mode.

Global stock markets extended a severe plunge Monday, fueled by fears that U.S. tariffs would lead to a global economic slowdown.

The drop closed the worst week for the S&P 500 since March 2020, when the pandemic ripped through the global economy.

China responded to the 34% tariffs imposed by the U.S. on imports from China by announcing it will impose a 34% tariff on imports of all U.S. products beginning April 10.

Financial markets reeled following President Donald Trump’s latest and most severe set of tariffs, and the U.S. stock market took the worst of it.

President Donald Trump is pushing for the most aggressive overhaul of the global economic system in decades.