US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.

JPMorgan Chase investors will be keen to learn how the largest U.S. lender and the world's biggest economy are likely to be impacted by U.S. tariffs on its trading partners at the bank's investor day on Monday as economic uncertainty remains.

Recent shifts in trade policy have renewed debates about tariff structures and their influence on both national and global economies. The discussion centers on current tariff rates imposed on major trade partners and deep historical trends following World War II.

President Donald Trump has taken U.S. trade policy, and the economy, on a rollercoaster ride over the last four months. Two charts illustrate how wild a journey it's been.

The Asia-Pacific Economic Cooperation (APEC) grouping warned on Thursday that exports in the region will barely grow this year amid U.S. tariffs, as the 21-member bloc kicked off an annual gathering of its trade ministers.

Pharmaceutical tariffs, as proposed by President Donald Trump, aim to create manufacturing jobs in the United States, limit offshoring of profits, and address national security concerns. However, they present significant risks and,

What matters most, however, is the labor market. “If American consumers have money, they’re going to spend it, and the primary place they get money is through their jobs,” said Eric Winograd, an economist at the investment firm AllianceBernstein.

U.S. retail sales growth slowed as the impact of pre-tariff vehicle purchases waned. Economic uncertainty, driven by President Trump's tariffs, affected consumer spending and corporate financial guidance.

WASHINGTON (AP) — U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over how President Donald Trump’s tariffs will impact the economy.

U.S. retail sales growth slowed in April as the boost from households front-loading motor vehicle purchases ahead of tariffs faded and consumers pulled back on spending elsewhere against the backdrop of an uncertain economic outlook.

U.S. President Donald Trump's tariffs are weighing heavily on Ontario’s finances, dragging down GDP growth and knocking the province off its path to balance, with a $14.6-billion deficit projected this year.

South Korea is holding a series of trade talks with US officials visiting Jeju for a regional summit, aiming to soften the blow from President Donald Trump’s tariffs.