Top trade officials from China and the United States have arrived in Stockholm for a new round of talks aimed at easing trade tensions.

The U.S. trade deficit in goods increased in May amid a decline in exports, but an ebbing inflow of imports likely positions trade to make a big contribution to gross domestic product in the second quarter.

Trump said the U.S. reached a trade deal with the European Union, imposing a 15% baseline tariff on most goods from America’s largest trading partner.

U.S. Trade Representative Jamieson Greer touted the new US-EU trade deal Monday morning on CNBC: TRADE REPRESENTATIVE JAMIESON GREER: It’s an amazing thing for our country. For 70 years, we followed a trade policy that maybe at a certain time made sense,

India's merchandise trade deficit narrowed in June due to a sharp fall in imports, even as the value of exports slipped to a seven-month low following a drop in global commodity prices, data released on Tuesday showed.

The office of the U.S. Trade Representative purported a summertime scoop: "America had a trade surplus in ice cream in 2020 under President Trump's leadership, but that surplus turned into a trade deficit of $40.6 million under President Biden's watch."

The chief engine of the U.S. economy lies in intangible investments, such as research and development, software, organizational structures and intellectual capital.

European companies are facing increasing pressure due to China's alleged currency manipulation to keep its yuan weak, a study by the German Economic Institute showed, as EU leaders prepared for a summit in Beijing aimed at navigating trade disputes.