The latest round of tariffs announced by President Donald Trump shook global markets, reigniting concerns about an economic downturn. Trump’s stance includes a 10% baseline tariff on most U.S. imports ...

By Katharina Buchholz for Statista On top of being the potential target of reciprocal tariffs by the United States from April 2 on, India has now been threatened with another type of US trade action.

The leading bid for Citgo favors creditors whose collateral rights over the refiner are in dispute. Oil futures rose as the market shrugged off a 6.2 million barrel build in U.S. crude inventories ...