Japan has reported its exports fell in May as shipments of autos to the U.S. dropped nearly 25% from a year earlier due to higher tariffs imposed by President Donald Trump

The swell of optimism ended six straight months of worsening attitudes.

The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst

The tariffs wars involving global economic powerhouses such as the U.S. and China are being felt even in such distinctly local places as your regional amusement park

China has reported a mixed economic performance in May, as retail sales jumped while factory output slowed in the face of higher U.S. tariffs

A new congressional report warns that President Donald Trump’s tariffs are driving up prices on popular baby products, placing an extra burden on parents.

ABC News’ Britt Clennett reports on what both sides are getting from this agreement, and what happens next.

United States and Chinese officials say they have reached a tentative agreement to implement a deal the countries struck a month ago in Geneva that pauses most tariffs for 90 days.

Secretary of Commerce Howard Lutnick said it was a "handshake for a framework."

The U.S. Consumer Price Index released on Wednesday showed May inflation ticking slightly higher, rising 2.4%, in line with expectations. ABC News’ Alexis Christoforous reports.

Global shares are mostly trading higher after China and the U.S. said they have a framework for following up on the trade truce reached last month in Geneva

Despite a dip in May's jobs report, Americans seem to show resiliency as an ongoing tariff war shakes stocks for Tesla and Lululemon. ABC News' Phil Lipof has the latest numbers.

The job market has proven resilient as firms warn of uncertainty tied to tariffs. ABC News’ Alexis Christoforous reports.

The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of the levies, U.S. Commerce Department data on Thursday showed.

The Premier of Ontario, Doug Ford, announced plans to move $30 billion in manufacturing to Canada after new U.S. steel tariffs.

Ontario Premier Doug Ford responds to President Donald Trump's higher steel and aluminum tariffs that went into effect Wednesday, doubling from 25% to 50%.

Nonpartisan Congressional Budget Office estimates that Trump’s tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.

Executives at Target, Goldman Sachs and Pepsi have bemoaned "uncertainty."

ABC News’ Rebecca Jarvis breaks down how the new tariffs on steel and aluminum could affect the price of major appliances, like cars and everyday items like canned vegetables.

"Global economic prospects are weakening," the OECD said.

With less than 24 hours to go before tariffs on steel and aluminium double to 50%, the Trump administration is fighting a federal court ruling that some of its sweeping tariffs are illegal.

Parliamentarian Elizabeth MacDonough will be arbiter of whether key provisions in the House-passed "big, beautiful bill" keep with Senate rules.

Big-ticket items and grocery staples could see price increases, experts say.

Big-ticket items and grocery staples could see price increases, experts say.

The Trump administration has asked a federal appeals court to block an order last week that found the president's sweeping tariffs were "unlawful."

On “This Week,” ABC News’ Senior White House Correspondent Selina Wang reports on the legal challenges Trump’s tariffs have faced. 

ABC News’ George Stephanopoulos interviews on White House National Economic Council Director Kevin Hassett on “This Week.”

On "This Week," White House National Economic Council Director Kevin Hassett said the administration expects President Trump and President Xi to talk tariffs this week.

Following President Donald Trump’s promise to double tariffs on imported steel to 50%, the European Commission is warning there could be countermeasures.

ABC News’ Jay O’Brien breaks down the criticism President Donald Trump is facing for backing down on some tariffs while entering another high stakes trade week.

ABC News’ Morgan Norwood has more on the escalating battle over tariffs.

The president also announced a major deal with Japan as Elon Musk officially leaves his role at the White House.

During a rally in Pennsylvania on Friday, President Donald Trump said he is doubling the tariff imposed on imports of steel from 25% to 50%.

A complete revival of the policy faces formidable obstacles, experts said.

The sharp criticism appeared to cast doubt over the staying power of the accord, setting up the possibility of a rekindled trade war between the world's two largest economies.

President Donald Trump was confronted with an acronym pointed at his trade policy this week.

U.S. stocks fell slightly in early trading after the comments from Trump.

The decision by an appeals court comes less than 24 hours after a federal panel blocked most of President Donald Trump’s tariffs.

The White House on Thursday lashed out judges who've ruled against President Donald Trump's global tariff policy -- a key part of his second-term agenda.

Federal court determined that President Trump doesn't have the authority to unilaterally impose tariffs, dealing a sweeping blow to his main weapon in his trade war.

Just 24 hours after a federal court blocked Pres. Trump's steep and sweeping tariffs, a federal appeals court temporarily reinstated them as they consider the administration’s president's appeal.

A federal appeals court on Thursday temporarily delayed Wednesday's court order blocking President Donald Trump’s tariffs, reinstating them at least for the time being.

White House press secretary Karoline Leavitt opened her briefing with a lengthy attack on the legal setbacks. She called it "judicial overreach" and called on the nation's highest court to step in.

The United States Court of Appeals for the Federal Circuit issued an administrative stay of the decision while it considers Trump’s appeal.

A federal appeals court is temporarily delaying Wednesday's court order blocking President Donald Trump’s tariffs.

A ruling halted some of Trump's tariffs, before an appeals moved to temporarily reinstate them.

ABC News’ Alexis Christoforous reports on lates economic numbers as President Donald Trump’s tariffs continue to play out.

In a blow to President Donald Trump’s effort to reorder global trade, a panel of judges on the U.S. Court of International Trade blocked Trump’s global tariffs, determining they are “contrary to law.”

The retailer is the latest company to warn of ill effects from tariffs.

The survey ends five consecutive months of dampening consumer confidence.