Amid rising trade tension between historic allies, Trump has increased steel and aluminium tariffs on the EU. Trump, however, cannot treat the EU in the same way he treats China.

US President Donald Trump has agreed to push back by a month a threatened 50 percent tariff on goods coming from the European Union after a call with European Commission President Ursula von der Leyen,

President Donald Trump on Sunday said he was holding off his planned 50% tariffs on EU goods until July 9 to allow for trade talks with the bloc.

The European Union is preparing “countermeasures” against the United States if the two sides cannot reach a deal after surprise U.S. tariffs on steel rattled global markets and complicated the ongoing

The European Union is preparing for another round of trade talks with the US and warned that it may speed up retaliatory measures if President Donald Trump follows through on his tariff threats, the latest of which includes a 50 per cent levy on steel and aluminum imports.

In return, President Trump said the US will provide China “what was agreed to,” including allowing Chinese students to attend American colleges and universities.

The European Union’s chief trade negotiator said Monday he had “good calls” with Trump administration officials and the EU was “fully committed” to reaching a trade

President Donald Trump said over the holiday weekend that he agreed to delay tariffs of 50% on the European Union.

European shares kicked off the week on a positive note on Monday, recouping the previous session's losses, as markets heaved a sigh of relief after U.S. President Donald Trump delayed his threat to impose a 50% tariff on the region.

U.S. futures have turned sharply higher and Asian shares mostly fell after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9 from