Promotions boosted May retail sales, but exports and housing slumped
'Surprisingly good' results driven by a March surge in exports and industrial production ahead of U.S. tariffs
Globally, exports rose 2% year on year, down from 4% in March
U.K. has been seeking a bilateral deal with the U.S. since Brexit
Shipments to the U.S. fell 6.6%, but exports to other countries rose 24.8%
Manufacturing activity drops to a 16-month low, with export orders falling sharply
Trade between China and the U.S. is expected to “crater” after a temporary boost last month
Scott Thomson said it's time to build capacity at home and boost productivity, rather than relying on external relationships
Rush to get ahead of higher U.S. tariffs reflected in early trade data
Preliminary data signals a slowdown to end 2024