International Trade

South African meat producers could consider litigation against the U.S. if it imposes new tariffs on aluminum-based exports such as vehicles, Trade and Industry Minister Rob Davies said.

China’s monthly trade surplus with the U.S. rose to a record in June, underlining the imbalance at the heart of an escalating trade war between the world’s two largest economies.

There are signs of growing frustration among GOP lawmakers with Donald Trump as he moves forward with new trade tariffs, though they’re not ready to rein in the president’s power.