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U.S. and Chinese officials said May 12 they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war to allow for more talks.

President Donald Trump indicated that he would strike a friendlier relationship with Canadian Prime Minister Mark Carney than the one he had with Justin Trudeau, whom Trump “didn’t like.”

A.P. Moller-Maersk purchased a railway linking ports at both ends of the Panama Canal, undermining the U.S.'s presence along a trade route where Donald Trump is trying to elbow out competitors.

The Organization for Economic Cooperation and Development predicted the pace of global expansion to slow to 3.1% this year, with annual expansion in the U.S. wilting to 1.6% next year.

Specific to trade, the agenda directs the U.S. Trade Representative to “chart a new course for any trade agreements to ensure they help raise wages and grow our industrial base.”

Canada will keep its trade retaliation in place until the U.S. lifts its own tariffs and commits to free trade, said Mark Carney, who will succeed Justin Trudeau as Canada’s prime minister.

The Senate has confirmed Jamieson Greer, a veteran of President Donald Trump’s first-term economic battles with China, Mexico and Canada, to be America’s top trade negotiator.

President Donald Trump is focusing on the revenue his tariffs would generate as he seeks to get tax cuts through Congress, pointing to an ominous path for countries trying to avoid a trade war.

Battery prices are set to fall for a third straight year — though not nearly as much as in the past, due to rising trade tensions and metals prices, according to analysts at BloombergNEF.

Taiwan’s trade surplus with the U.S. surged to a record high in 2024, a haul that could rankle President-elect Donald Trump as he returns to the White House.