Target reported a drop in sales in its most recent quarter.

The retail giant saw sales fall in the first quarter of 2025 amid uncertainty over tariffs and backlash for ending corporate diversity initiatives.

The Taiwanese president says trade tensions between the United States and Taiwan are just “frictions between friends.”

Key economic indicators show China's economy slowing somewhat in April, with retail sales, property and investment coming in weaker than economists had forecast

Consumer attitudes soured in May for the fourth consecutive month, even as President Donald Trump dialed back some tariffs. The reading came in below the level economists expected.

The survey marks four consecutive months of dampening consumer sentiment.

Tariffs are causing economic whiplash for retailers like Walmart, impacting upcoming Memorial Day sales.

The United Nations is forecasting slower global economic growth this year and next, pointing to the impact of the surge in U.S. tariffs and increasing trade tensions

After posting solid first-quarter sales, Walmart warned that it may have to raise prices because of higher costs from tariffs implemented by President Donald Trump.

Price hikes at one of the nation’s largest retailers are expected to come later this month, according to CFO John David Rainey.

Walmart’s first quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump

Economists widely expect importers to pass along some of the tax to consumers.

Prices are rising rapidly for some everyday items like coffee and beef.

Cheap clothing and products from Shein and Temu are getting more expensive amid tariff increases.

A U.S.-China trade agreement allayed fears but uncertainty remains, analysts said.

In an obscure courthouse in downtown Manhattan, a group of small businesses are taking on one of President Donald Trump's boldest uses of executive authority.

Trump has rolled back tariffs since he announced the policy last month.

Both sides agreed to draw down their tariffs for 90 days to allow time to negotiate a wider deal.

The U.S. temporarily cut tariffs on Chinese goods from 145% to 30%.

The U.S. agreed to temporarily slash tariffs on Chinese goods from 145% to 30%.

RSM chief economist Joseph Brusuelas discusses what consumers can expect as the U.S. and China announced an agreement to cut reciprocal tariffs for 90 days.

The United States and China issued a joint statement on Monday announcing an agreement to cut reciprocal tariffs for 90 days.

ABC News’ Rebecca Jarvis reports on how the stock market futures are reacting to news of the United States and China’s agreement to cut reciprocal tariffs for 90 days.

Treasury Secretary Scott Bessent, who has been leading the negotiations with China, says there has been "substantial progress" toward a trade deal, though offered no details.

The U.S. Treasury secretary began talks with high-ranking Chinese officials in Switzerland Saturday.

The White House communications office announced that a trade deal with China has been reached, but it offered no details.

ABC News’ Jay O’Brien discusses the latest developments in the U.S. trade deals with other countries. Plus, the big week ahead for Congress regarding taxes and Medicaid.

The White House is showing optimism ahead of the latest round of economic talks with Chinese officials held in Switzerland, with Trump saying “great progress made” on social media.

President Donald Trump says “great progress” was being made in ongoing U.S.-China talks over tariffs menacing the global economy, and even suggested a “total reset" was on the table as tariff negotiations are set to continue Sunday in Switzerland

Treasury Secretary Scott Bessent met today in Switzerland with top Chinese officials, the first formal in-person talks between the two sides since President Trump announced 145% tariffs on China.

The U.S. Treasury Secretary and America’s top trade negotiator have begun talks with high-ranking Chinese officials in Switzerland to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and damage the global ...

Importers face highest effective tariff rate in more than a century, the Yale Budget Lab found.

The move comes a day before U.S.-China trade negotiations are set to begin.

Posting on social media, President Donald Trump wrote that an "80 percent tariff on China seems right." ABC News' Selina Wang reports.

Columbia Business School economics professor Brett House says President Donald Trump “totally misunderstands trade relationships with the U.S. and the rest of the world.”

In a new memo obtained by ABC News, Ford told dealers that prices will go up on some models. Ford told ABC News that its discounted pricing plan will remain in place through July 4th weekend.

President Donald Trump is expected to announce a new trade agreement with the U.K., the first since the president imposed, and paused, sweeping tariffs on dozens of trading partners last month.

It comes as Ford said it plans to raise prices on some vehicles by as much as $2,000, citing “some tariffs we are facing.”

ABC News' Mary Bruce asked the president if he was willing to pull back the tariffs "in order to get China to the negotiating table."

Film producer Chris Fenton discusses proposed 100% tariff on films produced outside the U.S. by President Donald Trump.

President Donald Trump proposed a 100% tariff on films produced abroad.

Trump has called on the Fed to lower rates, despite a longstanding norm of political independence.

Rep. Morgan McGarvey discusses how US-Canada trade tensions could devastate Kentucky's bourbon industry and impact healthcare services amid proposed federal budget cuts.

The Trump administration's introduction of new tariffs will impact American families and parents as prices rise.

President Donald Trump on Tuesday hosted Canadian Prime Minster Mark Carney at the White House amid a tense trade war between the two neighbors kickstarted by Trump's tariffs.

ABC News’ Jay O’Brien reports on the Treasury secretary’s testimony before the House Appropriations subcommittee.

Rep. Addison McDowell, R-N.C., joined ABC News Live to discuss President Donald Trump's first 100 days in office and tariff policy.

Most auto part imports now have a 25% import tax which started at 12:01 a.m. ET on Saturday.

U.S. automakers warn of major price increases ahead for consumers. Plus, Beijing says it's "evaluating" possible negotiations amid trade war with U.S.

ABC News' Political Director Averi Harper discusses what the Trump administration is telling Americans who may be concerned about rising prices and where the trade war goes from here.