The International Energy Agency modestly raised its forecast for global oil-demand growth and said improved compliance with output quotas among members of the OPEC+ alliance is reducing a projected ...

For other products, flows between America and China dominate global trades. Christmas and other party decorations are one such case: America’s imports account for about half of global trade in these ...

4.8%. That’s how much the U.S.’ weighted average tariff rate would be if Trump implemented the country-level strategy, ...

From reciprocal tariffs to a focus on Mexico and Canada, here’s the latest on Trump’s economic plan and how it will impact ...

The British pound was steady within the middle of its recent range on Wednesday as investors awaited key U.S. inflation data, ...

U.S. tariffs on steel and aluminum "will not go unanswered," European Union chief Ursula von der Leyen vowed on Tuesday, ...

Trump's sweeping tariff strategy is bigger than his first-term in office. BI broke down what the trade war means for ...

European Union chief Ursula von der Leyen vowed on Tuesday that U.S. tariffs on steel and aluminum “will not go unanswered,” adding that they will trigger tough countermeasures from the ...

Consider the various Trump “tariffs” leveled by an exasperated, and now $36 trillion-indebted, America. Almost none of them meet the traditional definitions of an industry-protecting tariff.

Which nation ultimately bears the cost of a tariff depends on what that country makes and its pull in the global market.