Treasury Secretary Scott Bessent will meet his international counterparts at a G7 finance ministers meeting in Canada.

Australia's central bank on Tuesday said inflation would be lower and unemployment higher due to the cascading effects of global trade tensions, and that was even assuming interest rates were cut as deeply as markets expected.

The trade war initiated by the United States against China has become a pivotal moment in the landscape of global trade and economic policy. Driven by President Donald Trump’s administration, the United States imposed massive tariffs, disrupted supply chains and stoked recession fears.

Increased tariffs pose a risk of material slowdowns to both the US and global economy, though the likelihood of a global recession has lessened.

The first batch of car pricing data since new vehicle tariffs went into effect show an increase as a global trade war upends the industry.

ZIMBABWE’S manufacturing sector faces an imminent threat from a new wave of cheap imports as global exporters, especially from China, redirect goods originally intended for the United States, according to a report by the Competition and Tariff Commission (CTC).

JBS , the world's largest meatpacker, reported a nearly 78% annual increase in net profit driven by its poultry and pork businesses in Brazil and the U.S., and said on Tuesday the global trade war has so far had little impact on its business.