international trade News

IMF Slashes Global Outlook as White House Says Trade Talks Pick Up Pace

Worldwide economic output will slow in the months ahead as U.S. President Donald Trump’s steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday, as global finance chiefs swarmed Washington seeking deals with …

Advocacy Group Files Suit Over Tariffs in US Court of International Trade

A legal advocacy group on Monday asked the U.S. Court of International Trade to block President Donald Trump’s sweeping tariffs on foreign trading partners, arguing the president overstepped his authority. The lawsuit was filed by the nonpartisan Liberty Justice Center …

G-7 Steps Up Russia Sanctions, Seeks to Cut China Trade Dependency

Leaders of the world’s richest democracies agreed on Friday to stiffen sanctions against Russia, while a draft communique to be issued after their talks in the Japanese city of Hiroshima stressed the need to reduce reliance on trade with China. …