The overall trade gap plunged 39% to $29.4 billion in October, as imports fell by 3.2%, Department of Commerce figures show. The deficit was significantly lower than the $58.4 billion median forecast from surveys of economists by Dow Jones Newswires and The Wall Street Journal.

The government is speeding up its tariff-refund process as importers await a landmark Supreme Court decision on the Trump administration’s levies.

The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs on imports, the latest data showed.

The Supreme Court failed to issue a decision on President Trump's tariffs today, but wealth managers are viewing any ruling as "short-term noise" anyway.

An FDRA survey of shoe executives on business expectations for 2026 indicate continued concern over trade policy.

Steep import taxes have raised prices and affected U.S. businesses, but not quite as much as expected. A new report offers some reasons.