"China-US trade is 3% of world trade," said the director general of the World Trade Organization, Ngozi Okonjo-Iweala (pictured during the IC Forum at ETH Zurich, Switzerland, in February). "So when ...

President Donald Trump unveiled sweeping 10% tariffs on all imports to the United States Wednesday. About 60 countries or trading blocs will see even higher rates in an escalating move that is poised ...

Wells Fargo sketched out a hypothetical scenario where the world is divided into three trading blocs led by the U.S., China, and the EU. The era of lower trade barriers and greater economic ...

BRUSSELS — European trade ministers are meeting in Brussels on Monday, following U.S. President Donald Trump's surprise announcement of 30% tariffs on the European Union. The EU is America's biggest ...

We may be on the cusp of an upheaval in global trade. Since World War II, the international trading system has operated on the premise of “most favored nation (MFN),” meaning that concessions granted ...

Treasury Secretary Scott Bessent signaled the Trump administration’s openness on Wednesday to extending President Donald Trump’s current 90-day tariff pause beyond July 9 for the United States’ top ...

A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a higher fence around its global commerce. By Patricia Cohen Patricia Cohen covers ...

The European Union-U.S. trade agreement has been met with scepticism as concerns over what it means for the bloc have emerged. Some experts however argue that it could benefit the U.K. While the EU is ...

BRUSSELS (AP) — The European Union is delaying until mid-April its retaliatory trade action over the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%, senior ...

New Zealand Prime Minister Christopher Luxon is proposing the formation of a rules-based trading bloc in response to sweeping US tariffs that threaten to hurt economies reliant on global trade. Luxon ...

The era of lower trade barriers and greater economic interdependence is waning, and President Donald Trump’s aggressive trade war is further stoking that trend. Economists at Wells Fargo recently ...