One of the many justifications President Donald Trump has deployed on behalf of his new tariffs is that they’ll reduce the trade deficit ... has to buy them in that foreign country’s currency.

cutting its global economic outlook and warning that a broader trade war would sap growth further. In the case of a generalised trade shock, not only will U.S. households pay a high direct price ...

German software developer SAP SE unseated Danish weight-loss drug maker Novo Nordisk A/S as Europe’s most-valuable public company. Shares of SAP, which have surged as the Walldorf, Germany-based ...