New evidence shows that President Trump's tariff policies are shaking up global trade. Imports of foreign goods plunged about 16% in April, the largest one-month drop on record. Nancy Chen dives into how the toy business is being impacted.

Donald Trump's wide-ranging taxes on imports were reinstated this week after being deemed illegal by a trade court. Their ultimate fate is yet to be decided.

The Court of International Trade struck down President Donald Trump’s global tariff policies Wednesday, ruling that the president doesn’t have the authority under economic emergency legislation to impose his sweeping global tariffs.