Two American toy companies have petitioned the Supreme Court to decide their case against the president, who they say leveraged tariffs unlawfully.

Hasbro sources half of its toys and games sold in the U.S. from China. The toymaker has been speeding up efforts to diversify sourcing and cut costs.

Trump’s announcement provides investors with a fresh incentive to turn their attention to global trade, particularly the shipping industry.

Investors were closely watching monthly retail sales to see how consumers are responding to increased tariffs.

American importers are getting a rare piece of good news amid worries about tariffs and consumer spending: ocean shipping costs are starting to sink. A measure of global ocean shipping rates, the Shanghai Containerized Freight Index,

KANANASKIS, Alberta (Reuters) -Japan's Prime Minister Shigeru Ishiba met with U.S. President Donald Trump on the sidelines of the Group of Seven meeting in Canada on Monday as Tokyo urges Washington to drop import auto tariffs that threaten to slow Japan's economy, the Japanese government said.

Inflation will very likely rebound from April's reading of 2.3% over the remainder of the year due to tariffs. Read why and how I am positioning my portfolio.

The engine of this economy — consumers — slowed in May. Consumer spending is responsible for more than two-thirds of gross domestic product in the U.S.

The Indian rupee hit its weakest level in more than two months on Tuesday, hurt by worries over geopolitical tensions in the Middle East and U.S. President Donald Trump's remark that pharmaceutical tariffs were coming very soon.

GigaCloud’s underlying platform metrics are robust, with 56.1% GMV growth and significant increases in both active 3P sellers and buyers. Learn more on GCT stock here.