Author: Bloomberg News

U.S. importers looking to sidestep Trump administration tariffs are seeking space in a type of warehouse that lets them stash merchandise for as long as five years without paying duties.

On April 9, Trump ratcheted up pressure on China, raising the import duty to 125%, even as he announced a 90-day pause on reciprocal tariffs for dozens of other trade partners.

Thyssenkrupp is exploring exit options for its materials trading unit that could be valued at as much as $2.2 billion in a deal, as the industrial conglomerate looks to streamline operations.

Trump’s tariffs are rattling U.S. consumers, who are stocking up on everything from cars to olive oil and iPhones. The behavior offers some good news for scrambling businesses.

President Xi Jinping’s decision to quickly retaliate against Donald Trump’s sweeping tariffs sent the world a clear message: If the U.S. wants a trade war, China is ready to fight.

Just hours after taking effect, President Donald Trump’s 25% tariffs on imported cars were already reverberating around the globe.

OPEC+ agreed to make a larger than expected oil supply hike in May, deepening the slump in oil prices triggered by President Donald Trump’s tariffs.

This past weekend was “by far the best weekend I’ve seen in a very long time,” said Randy Parker, the CEO of Hyundai and Genesis in North America.

As the fallout from President Donald Trump’s tariff plans comes into relief, a harsh truth is emerging for the automotive industry: There are lots of losers and not many winners.

U.S. tariffs on copper imports could be coming within several weeks, months earlier than the deadline for a decision, according to people familiar with the matter.