EU gains leverage in trade talks as US court casts doubt on tariffs, EU officials say
The European Union has gained leverage in trade talks with the United States after a U.S. court cast doubt on the legality of Washington's "reciprocal"…
Mexico hopes early review of USMCA can end uncertainty, revive flagging investment
Falling investment, slowing growth, and the changing whims of U.S. President Donald Trump have led Mexico to support an early review of the U.S.-Mexico-Canada (USMCA)…
US goods trade deficit narrows sharply in April as imports plunge
The U.S. trade deficit in goods narrowed sharply in April as the boost from the front-running of imports ahead of tariffs faded.
Trump says China has ‘totally violated’ agreement with US on tariffs
President Donald Trump on Friday said China had violated an agreement on tariffs with the United States.
Global economy’s ‘sugar rush’ defies trade drama - for now
For all the drama surrounding U.S. President Donald Trump's trade tariffs, the world economy is holding up better than many had expected.
Foreign-branded mobile phone sales in China edge up in April
Sales of foreign-branded mobile phones in China, including Apple Inc's iPhones, edged up in April, according to data released by a government-affiliated research company on…
Stocks head for best month since 2023 ahead of inflation data
World stocks were heading for their best month since late 2023 on Friday and the dollar was flirting with its first monthly rise of the…
German retail sales fall unexpectedly in April
German retail sales fell by 1.1% in April compared with the previous month, data showed on Friday.
China signals softer stance on rare earth export curbs
China said it would cooperate further with other countries over its rare earth export controls as shortages put auto and semiconductor makers in Europe and…
Trump administration considers allowing tariffs of up to 15% for 150 days
President Donald Trump's administration is considering a stopgap effort to impose tariffs on large parts of the global economy under an existing law that includes…
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