US has highest trade deficit in the world. Who has highest trade surplus? Here's what trade imbalance and reciprocal tariffs mean and why it matters

Mexican President Claudia Sheinbaum on Thursday celebrated the preferential tariff treatment Mexico receives under the US-Mexico-Canada Agreement (USMCA) after her country was excluded from U.S. President Donald Trump'ssweeping new tariffs.

President Trump didn’t do homebuilders any favors by imposing a dramatic 54% tariff on China, a critical supplier of construction materials.

With trade U.S. agreements in the balance, Mexican authorities make a show of stemming the flow of illegal imports from China.

China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on U.

The president unveiled rates that were much higher than most analysts expected against China, the E.U. and many other countries. Sources: White House, Observatory of Economic Complexity Notes ...

Mexico celebrated Thursday having dodged the latest round of tariffs from the White House taking aim at dozens of U.S. trading partners around the world, but was also quickly reminded that in a global economy the effects of uncertainty can’t be entirely avoided.

The news moves fast, but understanding takes time. At Vox, we don’t chase every headline. We focus on what really matters. We break down the biggest stories — and the ones others overlook ...

Few details of the announcement were known prior, creating anxiety among the business community and global leaders.

As Trump targets China and Mexico with new tariffs, Chinese companies quietly expand in northern Mexico to access the US market tariff-free.