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China’s imports tumbled in May and a surprise rise in exports wasn’t enough to dispel concerns that the economic dispute with the U.S. will intensify and damage the global economy.

President Donald Trump said he would drop plans for tariffs on Mexico that he’d been threatening to impose for the past week after the country promised new steps to stem an influx of illegal migration into the U.S.

President Donald Trump said there’s a “good chance” the United States will reach agreement to avert imposing trade tariffs on Mexico slated to take effect June 10, and that the deal would require the country to buy more U.S. agricultural products.

Ford Motor Co. would feel a serious impact if tariffs are levied on the cars, engines and transmissions it imports from Mexico, but a top executive at the automaker expressed optimism the trade dispute can be resolved without lingering damage.

The General Services Administration intends to study the environmental impact of a project that would involve the construction of inspection facilities geared toward truck and bus traffic moving across the U.S.-Mexico border. The project is a partnership with the Federal Motor Carrier Safety Administration.

Amazon.com Inc. has unveiled a revolutionary new drone — part helicopter and part science-fiction aircraft — that the company expects to use for test deliveries of toothpaste and other household goods starting within months.

Federal officials continue to monitor central states that have been rocked by severe storms, which have damaged infrastructure and saturated swaths of farmland.

The U.S. trade deficit narrowed in April as exports and imports tumbled, highlighting the impact of President Donald Trump’s tariffs even before negotiations with China unraveled and he threatened levies on Mexican goods.

Port Tampa Bay completed a $63 million expansion of its Big Bend Channel a year ahead of schedule, port officials said, as the Sunshine State eyes grabbing more freight from shippers while serving a growing distribution corridor in Central Florida.

Republican lawmakers eager to halt a new round of tariffs on Mexican goods next week have spent days urging the Trump administration to negotiate a solution with Mexico’s government.