Amid tariff announcements and economic uncertainty, real GDP unexpectedly fell at an annualized rate of 0.3% in the year's first quarter.

GDP shrank in the first quarter, a new report shows, offering a look at how tariffs are reshaping spending patterns and changing the economy.

President Donald Trump signed executive orders Tuesday to relax some of his 25% tariffs on automobiles and auto parts, a significant reversal as the import taxes threatened to hurt domestic manufacturers.

President Donald Trump has signed executive orders to relax some of his 25% tariffs on automobiles and auto parts, a significant reversal as the import taxes threatened to hurt domestic manufacturers.

U.S. stock futures point to a lower open after rising Tuesday on hopes trade deals are getting done and Trump's tariff plan is getting pared down.

Two Trump administration sources told FOX Business that the president is working on larger trade deals with countries, not ones just involving tariffs.

President Donald Trump gives a speech to mark the 100th day of his current term, with the remarks coming after U.S. stocks this month plunged and then rallied in response to his moves with tariffs.

Adidas warns that Trump's tariffs will lead to an increase in sneaker prices in the US as it relies on imports, affecting its business outlook.

The chief of the German sportswear giant said unpredictability surrounding the tariffs prevented the company from issuing a full-year forecast, but he predicted a price increase for American consumers.

Sportswear giant Adidas has warned import taxes imposed by President Donald Trump will lead to higher prices in the US for popular trainers including the Gazelle and Samba. "Since we currently cannot produce almost any of our products in the US,