Aide to EU chief joins tariff negotiation team to spur US talks, sources say
The European Union has changed its team locked in trade talks with the Trump administration, bringing in a close aide to European Commission President Ursula…
EU could approve Mercosur deal by summer, agriculture chief says
The European Union could approve its planned trade deal with South American bloc Mercosur before summer, but it has not yet fixed a date to…
Canada’s April trade deficit widens to historic high as tariffs cripple exports
Canada's trade deficit in April widened to an all-time high of a whopping C$7.1 billion ($5.2 billion), data showed on Thursday, as tariffs imposed by…
Trump renegotiating Biden-era Chips Act grants, Lutnick says
President Donald Trump's administration is renegotiating some of former President Joe Biden's grants to semiconductor firms, U.S. Commerce Secretary Howard Lutnick said at a hearing…
Mercedes-Benz proposes tariff offset system with US, Spiegel reports
Mercedes-Benz has proposed a deal under which U.S. cars could be imported into Europe duty free in exchange for tariff waivers on the same number…
Kimberly-Clark sells majority stake in international tissue unit to Brazil’s Suzano
Kimberly-Clark on Thursday struck a deal with Brazilian pulp maker Suzano to sell a majority stake in its international tissue business, valuing the business at…
UAE seeks U.S. trade deal to roll back Trump’s steel and aluminium tariffs
The United States and the United Arab Emirates have agreed to start negotiations for a potential bilateral trade agreement that could ease tariffs on the…
Trump set to waive some legal requirements to boost critical minerals
President Donald Trump is set to use emergency powers and slash legal requirements - including some congressional funding approvals - relating to a law aimed…
Justice Department accuses two Chinese researchers of smuggling ‘potential agroterrorism weapon’ into US
U.S. federal prosecutors have accused two Chinese nationals of smuggling a dangerous biological pathogen that had the potential to be used as an agricultural terrorism…
Europe’s auto parts suppliers suspend output due to China’s rare earth curbs
Some European auto parts plants have suspended output and German carmaker BMW warned its supplier network was affected by shortages of rare earths, as concerns…
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