President Donald Trump is getting his way with the world economy. Trading partners from the European Union to Japan to Vietnam appear to be acceding to the president’s demands to accept higher costs — in the form of high tariffs — for the privilege of selling their wares to the United States.

The U.S. economy grew at a 3.0% annualized rate from April to June 2025, according to the Bureau of Economic Analysis. That follows a 0.5% drop in GDP in Q1, putting a hard stop to the previous quarter’s contraction,

A flurry of major economic news over the coming days will provide a barometer of the U.S. economy as President Donald Trump's tariffs steer the nation toward a trade policy untested in recent history.

The International Monetary Fund says the global economy is weathering President Trump's trade policy revolution, with growth expected to reach 3 percent this year.

Companies, consumers and foreign countries have been paying close attention to President Donald Trump’s aggressive policy of placing tariffs on foreign goods. Soon, the courts will weigh in on whether Trump has the power to levy those tariffs in the first place — a high-stakes legal battle that will either affirm a key pillar of Trump’s economic policy or cut it off at the knees.