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Inflation rose last month to its highest level in four months as the cost of gas, food and groceries rose, reversing several months of cooling price pressures.

The U.S. government withdrew from a long-standing trade agreement with Mexico governing tomato imports and will push forward with a new tariff of just over 17%.

The busiest trade hub in the U.S. saw container traffic rebound last month after a slump in May, as importers grapple with volatility driven by President Donald Trump’s trade war.

The head of Lucid Group warned that President Donald Trump’s tariffs will drive up costs to build automobiles — even in the U.S.

President Donald Trump on July 14 threatened Russia with steep tariffs and announced a rejuvenated pipeline for American weapons to reach Ukraine.

Economists have long been warning of a tariff-driven boost to U.S. inflation. The next report on consumer prices will put their conviction to the test.

EU trade ministers agreed July 14 that U.S. President Donald Trump's announcement of 30% tariffs on the European Union was “absolutely unacceptable," and they are studying a new set of countermeasures to respond to the move.

The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect July 14 in hopes of reaching a trade deal with the Trump administration by the end of the month.

President Donald Trump said he’s levying tariffs of 30% against the EU and Mexico starting Aug. 1, a move that could cause massive upheaval between the U.S. and two of its biggest trade partners.

People familiar with the negotiations cautioned that any potential deal could be upended by President Trump, who has yet to comment publicly on the arrangements under discussion.