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.

Chinese Foreign Minister Wang Yi and US Secretary of State Marco Rubio met face-to-face, a step toward a potential leaders’ ...

A National Retail Federation survey finds more back-to-school shoppers are starting early this year, and tariff concerns are a big part of that trend.