Behind closed doors, Chinese officials have grown increasingly alarmed about tariffs' impact on the economy and the risk of isolation.

U.S. Treasury Secretary Scott Bessent told Congress the administration is currently negotiating with 17 major trading partners that have made offers on trade.

With oil prices plunging to their lowest level in four years, both the energy industry and governments that depend on energy royalties are watching nervously.

U.S. President Donald Trump has set his sights on Hollywood, threatening tariffs and other policies to discourage companies from making films abroad.

During the weekend, the OPEC+ group of eight nations announced it will raise its output of oil by 411,000 barrels per day as of June 1, stepping up production increases.

The costs involved in car ownership continue to rise at a rapid rate, and U.S. President Donald Trump's tariffs could create a snowball effect.

Apple's earnings for the first three months of the year topped Wall Street's expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect.

The U.S. has been hit with the threat of a worst-case scenario called “stagflation,” one where the economy stagnates yet inflation remains high.

Calgary-based Canadian Pacific Kansas City has lowered its economic outlook for the coming year due to uncertainty over how U.S. tariffs will affect global trade.

Trump asserted in an interview and in exchanges with reporters Friday that tariff negotiations were underway with China, but Beijing denied any talks were taking place.

Trump, who wouldn't say if he agreed with Scott Bessent, also said he had "no intention" of firing the chairman of the U.S. Federal Reserve, after previously suggesting he would.

The IMF said that the global economy will grow just 2.8 per cent this year, down from its forecast in January of 3.3 per cent, according to its latest World Economic Outlook.

The International Monetary Fund is forecasting slower global growth and urges countries to get their 'houses in order,' though it notes a global recession is unlikely.

Temu and Shein say they will raise prices on their products starting next week amid U.S. President Donald Trump's tariffs, which are increasing costs for both companies.

While the 1930 Smoot Hawley Tariff act was mentioned as a beacon of hope for Americans by Donald Trump, history show's the law's history has become misconstrued over time