The U.S. Department of Commerce launched an anti-dumping investigation into Italian pasta in August 2024 after complaints from two American manufacturers, 8th Avenue Food & Provisions and Winland Foods, over alleged unfair pricing from Italian exporters.

“Because consumers — those that are earning those wages — they’re going to be probably a little bit more reluctant to accept some of those higher prices, if they don’t feel like their pay is increasing more,” she said. That hesitancy to pay higher prices could also keep housing inflation down.

The Great Supply Chain Reset is unforgiving, illustrating that rigidity breaks under pressure while flexibility prospers.

Switzerland is inching closer to a deal to cut punishing US tariffs on its exports to about 15 per cent, as companies from Rolex to Richemont take the lead in breaking months of deadlock between Bern and Washington.

President Claudia Sheinbaum’s plan to impose steep tariffs on Chinese imports has been delayed until at least December as mounting opposition from Mexico’s private sector and even members of the ruling party stalls congressional debate,

China says it's making good on its pledge to crack down on chemicals that can be used to make fentanyl after President Donald Trump and Chinese leader Xi Jinping negotiated steps to ease a trade war.

Supreme Court justices, including President Donald Trump's appointees, expressed skepticism about his use of emergency powers to impose Liberation Day tariffs.

President Trump said he is looking at reducing tariffs on both India and Switzerland. "The tariffs are very high on India because of the Russian oil," Trump told reporters Monday in the Oval Office. "And they've stopped doing the Russian oil.