The notable reduction in US trade deficit was driven by a sharp decline in consumer goods imports and a historic cutbacks in the trade gap with China.

Key Takeaways The U.S. trade deficit fell for the third month as President Donald Trump’s tariff policies began taking hold.Census Bureau data showed that both imports and exports declined in June. Economists said that the recent decline mainly reflects normalization in international trade as businesses work through the imported inventory they

High tariffs on China-made products drove U.S. imports from the world’s second-largest economy to a 16-year low in June — yet the dramatic shift hasn’t put a big dent in America’s overall trade deficit.

Looking for a textbook example of the uncertainty Trump has created with his global trade war – abetted by wars in Ukraine and Gaza – look no further than Switzerland.

The two-minute video isn’t subtle. Wielding a medieval halberd, the president of the conservative Swiss People’s Party lays out the choice Switzerland faces: a simpler life that the country’s founders spelled out in a one-page declaration more than 700 years ago or a 2,

Karin Keller-Sutter accused of mishandling talks as shares dive after Switzerland hit with 39% tariff