Dian Zhang

1 month ago | usatoday.com | Dian Zhang

Chinese imports to the U.S. dropped to their lowest levels since the pandemic as punishing tariffs began to take hold in March, according to recently released Census trade data. The drop in trade between the two countries was a major impetus for talks this weekend that led to steep reductions in tariffs on both sides. Still, overall imports to the U.S. surged to record levels as goods from the European Union, Mexico and Canada continued to pour in.

1 month ago | usatoday.com | Bailey Schulz |Dian Zhang

The U.S. and United Kingdom have signed a trade deal, the first such agreement since President Donald Trump announced sweeping tariffs on trading partners earlier this year. The deal is set to lower tariffs on steel and automobiles and make it easier for the U.S. to export products like beef and ethanol to the U.K., according to a White House statement. "This is now turning out to be, really, a great deal for both countries," Trump said in the statement.

1 month ago | usatoday.com | Carlie Procell |Dian Zhang |Ramon Padilla

Greenland has made national news after President Donald Trump said in January that the United States would take it over, claiming it’s crucial for U.S. security. Trump doubled down on his intentions in a congressional address in March: "I think we're gonna get it. One way or the other, we're gonna get it," Trump said.

1 month ago | dispatch.com | Paul Davidson |Francesca Chambers |Dian Zhang |Swapna Venugopal Ramaswamy

Paul Davidson, Francesca Chambers, Dian Zhang, Swapna Venugopal Ramaswamy, Medora Lee, Andrea Riquier, Daniel de Visé USA TODAYShow Caption Hide Caption Tariffs are pushing Americans to cut costsA new survey from Clarify Capital shows 39% of Americans are taking on side jobs to help absorb tariff-induced price hikes. Scripps NewsU.S. GDP shrank at an annual rate of 0.3% in the first quarter of 2025, marking the first decline in three years.

1 month ago | jsonline.com | Paul Davidson |Francesca Chambers |Dian Zhang |Swapna Venugopal Ramaswamy |Medora Lee |Andrea Riquier | +1 more

U.S. GDP shrank at an annual rate of 0.3% in the first quarter of 2025, marking the first decline in three years. Experts attribute the contraction to a surge in imports as businesses stocked up before Trump's tariffs took effect. Despite the decline, key economic indicators like consumer spending and business investment showed solid growth. Economists predict slower economic growth later this year, with some forecasting a mild recession due to tariffs.