Scott Bessent’s comments suggest the Trump administration is leaning toward using one tariff rate for each country, and that ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

Even with the markets recovering a bit, the capricious and shapeshifting nature of the president’s tariff threats is no fun ...

The European Union will wait until mid-April to impose retaliatory tariffs against some U.S. imports—including a 50% tax on ...

The administration has already unnerved investors with duties on Canada, Mexico and China. Advisers are readying a bigger move.

A value-added tax is a system of taxation widely used worldwide, although the United States is one of the few outliers that ...

China hasn’t imported liquefied natural gas from the US for 40 days, the longest gap in almost two years, as traders are forced to divert shipments elsewhere to avoid Beijing’s tariffs on the ...

Nigeria’s total trade value rose in the fourth quarter of 2024, reaching N36.6 trillion, a 68.3 percent increase compared to ...

The Fed is set to hold interest rates steady, but with inflation rising amid a slowing economy, it could lower its forecast ...

Pre-market indexes are giving back some of the gains made over the past two regular trading sessions. We’re currently hovering in a range following this morning’s economic reports (more on them below) ...

Tariffs on all steel and aluminium imports into the United States have come into effect, intensifying the global trade war sparked by President Donald Trump.