Simmering trade wars have created a sort of stop-and-start economy — and the latest snapshot of retail sales in May underscores the threat to U.S. growth.

IT budgets were under pressure before these developments, with Gartner projecting worldwide IT spending to grow by 9.3% in 2025. Coupled with global trade tensions increasing the price of essential IT equipment imports such as laptops, desktops, servers, GPU and networking gear, businesses need to consider what costs they can cut now.

South Korea’s President Lee Jae-myung hopes to clinch a trade agreement with the US ahead of a looming July deadline, according to his nominee for prime minister, after a high-stakes meeting with Donald Trump was called off at the last minute.

Danton Heinen — You can plug Heinen into your lineup and he’s not going to hurt you. The Penguins don’t mind keeping him around for the final year of his contract. Should someone want him in a trade, however, Dubas wouldn’t decline the call.

President Trump said on Tuesday that Japan was being "tough" in trade talks and the European Union has failed to offer a fair deal. Speaking after leaving the G-7 summit in Canada early, the US President told reporters aboard Air Force One that the EU had been tough with the US.

Pakistan and US officials held high-level tariff talks on Monday and aim to finalize a trade agreement at the earliest, Islamabad said in a statement, as the South Asian nation pushes for relief from retaliatory duties imposed by President Donald Trump.

Hall of Famer David Ortiz works for the Boston Red Sox as a special assistant to the Fenway Sports Group. But he said his opinion of the Rafael Devers trade is informed more by his 14 years as a player with the Red Sox than his current role with the club.

Indonesia posted a trade surplus of $4.9 billion in May based on preliminary customs data, the finance minister said on Tuesday, which would be the country's biggest monthly surplus in more than two years.