The state of Michigan's financial picture has eroded considerably since January 2023, when the state was sitting on a $9.2-billion budget surplus.

Like many small businesses, American chocolate maker Guittard is bracing for the coming impacts of Trump's tariff war, but unlike some industries, the company is totally reliant on imports.

In an obscure courthouse in downtown Manhattan, a group of small businesses are taking on one of President Donald Trump's boldest uses of executive authority.

Walmart wheeled its trolley cart right into President Donald Trump’s ankles. The largest U.S. retailer and a bellwether for consumers said on Thursday that tariffs would force it to raise prices, just a month after it expressed confidence that it would keep them low.

In a sign that consumer demand may be fraying around the edges, spending at US retailers slowed sharply in April to 0.1% after a surge of 1.7% in March as shoppers rushed to beat President Donald Trump’s stiff tariffs.

While many Canadian companies are hurting because of the trade war, some are booming as clients look for ways to avoid doing business in the U.S.

Ontario, Canada's most populous province and manufacturing powerhouse, on Thursday forecast its widest budget deficit since the height of the pandemic, more than doubling in size, and a slower move into surplus as it increased spending to support the economy in a trade war with the United States.

Smartphone makers across the board increased their volume of shipments in an attempt to avoid looming tariff costs.