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Trump threatens to hike China tariffs further as market plunge continues
U.S. President Donald Trump threatened to further increase tariffs on China on Monday, raising the possibility of further escalation in a trade war that has…
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Trump’s 20% tariff clouds future of Italian wines in US
The outlook for Prosecco, Brunello di Montalcino and other Italian wines in the United States is increasingly gloomy, producers and importers said, following President Donald…
EU will target less than €26 billion worth of U.S. imports, Sefcovic says
The European Union's countermeasures targeting a list of U.S. imports in response to the Trump's administration steel and aluminum tariffs will be less than 26…
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Trump orders fresh review of Nippon Steel’s bid for US Steel
President Donald Trump on Monday directed a powerful U.S. national security panel to take a fresh look at Nippon Steel's bid for U.S. Steel to…
Ukraine aims to ‘align’ with US on minerals deal in talks this week
Ukraine will send a team to Washington this week to move forward with negotiations on a more expansive draft for a minerals deal offered by…
Netanyahu to seek tariff relief in talks with Trump
Israeli Prime Minister Benjamin Netanyahu will seek to limit the sting of tariffs imposed on his country when he meets U.S. President Donald Trump on…
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Kenya thinks it can win from U.S. tariffs, but global recession risk looms
Kenya is among those exporters hoping a smaller Trump tariff blow vis-a-vis competitors might help them emerge as winners in the nascent global trade war,…
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EU seeks unity in first strike back at Trump tariffs
European Union countries will seek to present a united front in the coming days against U.S. President Donald Trump's tariffs, likely approving a first set…
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EU Commission head discusses U.S. tariff response with auto, steel and pharma leaders
By Julia Payne and Maggie Fick BRUSSELS/LONDON (Reuters) -European Commission President Ursula von der Leyen held a call with metals industry representatives on Monday and…
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Saudi Arabia cuts May oil prices to Asia close to four-year low after OPEC+ supply boost
Saudi Arabia, the world's top oil exporter, on Sunday slashed its prices for Asian buyers to close to their lowest level in four years, adding…