US President Trump stated a “50/50 chance” of securing a trade agreement with the EU to lower import tariffs, with an August 1 deadline looming. While the EU approved a $109 billion retaliatory package,

A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, industry experts warn.

President Donald Trump's announcement of 30% tariffs on the European Union will have repercussions for companies and consumers on both sides of the Atlantic.

Germany’s Volkswagen cut its financial guidance for 2025 after US tariffs took a €1.3 billion toll on its income in the first six months. But European sales and EVs appear to support future growth. Vi

European Union countries have expressed broad support for one round of 30% retaliatory tariffs if the United States does not reach a trade deal with the EU.

Ahead of meetings in Stockholm next week with Chinese counterparts, Bessent said President Donald Trump is focused on reviving domestic precision manufacturing and correcting what he called a “highly imbalanced” relationship with China.

The US and Japan this week reached what President Donald Trump called the largest trade deal in history. But the lack of detail over Tokyo’s pledge to set up a $550 billion US investment fund is raising questions about the viability of an agreement that’s been floated as a potential template for other major trading partners.