Also, the U.S. is paying more than 150,000 people not to work. Here’s the latest at the end of Thursday.

It’s a race against time for some of America’s top trading partners who are negotiating furiously to reach agreements by Aug. 1.

A federal appeals panel will hear arguments from states and businesses that seek to invalidate the president’s tariffs.

Also, the U.S. is paying more than 150,000 people not to work. Here’s the latest at the end of Thursday.

An executive order explaining the new rates is the latest move by President Trump to remake the global trading system.

President Trump’s newest barrage of tariffs, major corporate earnings reports and an imminent reading on the U.S. labor market weighed on markets.

There are growing signs that President Trump’s levies are filtering through to consumer prices, as companies exhaust options for keeping them stable.