That comes after a Nikkei Asia report on Thursday that stated that the automakers are "passing some of the expense of U.S. tariffs."

"This is the worst downturn since 2013 or 2014," Shayak Sengupta, a senior research associate at Columbia University's Center on Global Energy Policy, told Newsweek.

US President Donald Trump's trade adviser, Peter Navarro, accused New Delhi of running a "profiteering scheme" by continuing to import Russian oil, and said he expects punitive tariffs of 50 per cent...

However, Navarro also criticized India’s trade practices and continued oil trade with Russia, citing them as reasons behind the Trump administration’s decision to impose a 50% tariff and an unspecifi...

The U.S. and European Union released new details of their trade deal Thursday, announcing tariffs on pharmaceuticals, lumber, and semiconductors will be capped at 15%.

Sales at Walmart’s US stores rose nearly 5 percent in its most recent quarter, a better-than-expected result that suggests shoppers squeezed by inflation and wary of economic uncertainty continue to flock to the retailer for staples and other goods,

Walmart on Thursday raised its fiscal year sales and profit forecast, driven by strong demand from shoppers across all income levels, who have turned to the world's largest retailer as they worry abou...

The EU-US trade agreement is poised to cut the US import tax on cars from the EU from 27.5% to 15%. However, details released Thursday reveal that the lower rate won’t take effect until the EU takes separate action to reduce its own tariffs on US goods.