EU trade chief Maros Sefcovic will head to Washington on Wednesday for tariff talks, an EU spokesperson told Reuters, adding that he will meet U.S. Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer.

Europe’s trade commissioner insists ‘we want to use every minute until 1 August to find a negotiated solution’.

President Donald Trump has announced a 19% tariff on goods from Indonesia, part of a broader push to reset U.S. trade relationships

The comments by the US president come as an Indian delegation arrived in Washington on Monday to discuss and finalise trade deals.

Trump also revealed on Truth Social that Indonesia agreed to buy $15 billion worth of US energy exports, $4.5 billion in farm goods, and 50 Boeing jets, though no timeline was specified.

President Trump stated the U.S. is nearing a trade agreement with India and potentially the EU, while a deal with Canada remains uncertain. These negotiations occur before an August 1 deadline that could see increased duties on U.

The deal with Indonesia is among the handful struck so far by the Trump administration ahead of an August 1 deadline when duties on most U.S. imports are due to rise again.

EU trade ministers have agreed that U.S. President Donald Trump’s 30% tariffs announced on the European Union are “absolutely unacceptable,” and they are studying a new set of countermeasures to respond to the move.

President Donald Trump expanded his tariff threats over the weekend, calling for 30% levies on two of America’s largest trading partners: the European Union and Mexico.

Donald Trump announced that the U.S. is nearing a trade agreement with India and seeing positive progress with the EU, while a deal with Canada remain

ASML Holding shares dropped nearly 7% Wednesday, according to The Wall Street Journal. The Dutch chip equipment maker said it could no longer confirm growth for 2026 due to macroeconomic and geopolitical uncertainty,

Things aren’t looking good for Mexico either. In a letter addressed to Mexican President Claudia Sheinbaum, Trump said that while the country had been “helping me to secure the border.” However, if Mexico wants the US to adjust the levies, it needs to be “successful in challenging the Cartels and stopping the flow of Fentanyl.”