President Donald Trump’s global trade war will hurt economies around the world this year, including the US, according to a new report by the World Trade Organization.

For clues on how tariffs and trade deals might affect the state, we can look at Minnesota’s current position in the global economy. by Shadi Bushra 04/22/2025 04/23/2025 Share this: ...

April 2 - Trump announces global tariffs with a baseline of 10% across all imports and significantly higher duties on some of the U.S.' biggest trading partners.

Trump’s trade war won’t just cripple domestic markets—it will slow global gross domestic product growth to its lowest point in 17 years. The World Bank’s Global Economic Prospects report ...

Ever since President Donald Trump introduced his first set of higher tariffs, it’s been a waiting game to see just how big an impact they’ll have on the global economy.

The authors use a dynamic trade and reallocation model with downward nominal wage rigidities to quantitatively assess the economic consequences of the recent increase in the U.S. tariffs on imports ...

As the war ended, a new set of institutions was set up to promote global cooperation on trade and investment flows. The Generalized Agreement on Tariffs and Trade (GATT) was first signed by 23 ...

WSJ’s Asia economics reporter explains how markets have reacted after a federal trade court struck down President Trump’s sweeping tariffs and the implications for international trade. Photo ...

Chennai: Rapid expansion of global trade since the 1990s was a key contributor to the rise in global GDP.However, the slowdown in trade since 2020 is threatening global growth. Trade accounted for ...

A federal court has declared President Trump’s “Liberation Day” tariffs illegal, stating that he does not have “unbounded authority” to impose across-the-board import taxes on the entire world. The ...

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy.

May 28 - A U.S. trade court blocked Trump's tariffs from going into effect in a sweeping ruling that the president overstepped his authority by imposing across-the-board duties on imports from U.S ...