The U.S. tariff rate may have dropped significantly from its spring high — a truce in the U.S.-China trade war is set to expire on Aug. 12 — but continues to shape the forthcoming holiday period.

China is expected to fill a gap in aid funding to Australia's region as the Trump administration slashes US development programs.

The idea that America faces an inexorable, irreversible decline has become a form of conventional wisdom. Is this really true ...