The European Central Bank cut interest rates as expected on Thursday, easing for the seventh time in the past year as U.S. tariffs and faltering business confidence sap already weak economic growth.

Worries about economic growth fueled by U.S. President Donald Trump’s tariff onslaught will likely push the European Central Bank to cut interest rates on Thursday for a sixth straight time to make cr

The White House said Tuesday that "the ball is in China's court," as far as a trade deal with the U.S. is concerned. Meanwhile, China is t

The year-on-year expansion matched China’s growth rate in the fourth quarter and exceeded Beijing’s full-year target for 2025, as well as the 5.1 per cent forecast by analysts in a Reuters poll. The strong first-quarter growth came despite Trump’s first salvo of 20 per cent tariffs,

California on Wednesday filed a lawsuit seeking to block U.S. President Donald Trump's sweeping tariffs on foreign trading partners, accusing him of abusing his powers and inflicting financial harm on the state and nation.

Gov. Gavin Newsom and AG Rob Bonta say Trump's emergency tariffs illegally harm California, the nation's largest manufacturing and farming state

Gov. Gavin Newsom and state Attorney General Rob Bonta are suing President Donald Trump to challenge his authority to unilaterally enact tariffs without congressional approval. “President Trump’s unlawful tariffs are wreaking chaos on California families,

Concern over the economic fallout from US President Donald Trump's global tariffs mounted Wednesday, with Fed Chair Jerome Powell's warning of higher inflation sending stock markets tumbling.

The administration is implementing major shifts in economic policy, and trade is now at the center of it,” Powell said. “These changes are likely to push us further away from our goals.” He explained that the tariffs announced by Trump turned out to be significantly higher than expected — and the economic fallout will likely be just as steep,

Trump's claim of $2 billion daily tariff revenue is contradicted by US Customs and Treasury data, which show much lower amounts collected.