The Thanksgiving weekend witnessed an unprecedented surge in online shopping as Black Friday sales hit a historic high of $10.8 billion, according to Adobe Analytics. This figure reflects the ...

Cerullo adds that Trump's new tariffs "would also reduce American consumers' spending power by $90 billion on products ... is also likely to soar in price if Trump's proposed tariffs are enacted.

With only a slim exemption for some Canadian energy products, everything the US imports from those three nations is subject to tariffs of at least 20%, in the case of China, and 25% for Mexico and ...

adding that prices may soar on the European market. The embargo on supplies of Russian petroleum products to Europe will take effect beginning in February 2023, he noted. "And it is a very ...

The action came in response to the higher levies on Chinese imports that President Trump announced last week. By Noam Scheiber and Keith Bradsher Keith Bradsher reported from Beijing. Beijing ...