By Andrea Shalal WASHINGTON, April 10 (Reuters) - The war in the Middle East will have a cascading impact on the global economy, even if the fragile ceasefire announced by U.S. President Donald Trump takes hold, World Bank President Ajay Banga told Reuters in an interview on Friday. And the damage will be far deeper if the ceasefire fails and...

NEW YORK, April 10 (Reuters) - A panel of trade court judges challenged the legality of President Donald Trump's 10% tax on most imports, suggesting a large trade deficit might not be a sufficient reason to impose broad-based tariffs. The U.S. Court of International Trade heard arguments on Friday in lawsuits by 24 mostly Democratic-led states and by small businesses challenging...

WASHINGTON, April 10 (Reuters) - Americans are souring on the U.S. economy to a degree never before seen, with the stiffest inflation in four years exacerbating the political risk for President Donald Trump, who some administration officials worry has lost focus on affordability problems for voters as he trains attention on the war against Iran. Few issues resonate with U.S....

* Tax refunds jump sharply due to new individual, corporate tax breaks * Military outlays for Iran war to appear in budget results for later months, official says * Customs duty collections start to wane after Trump's biggest tariffs were invalidated By David Lawder WASHINGTON, April 10 (Reuters) - The U.S. federal government's March budget deficit rose $4 billion or...