Trump has sent letters to leaders of dozens of countries outlining the tariff levels set to begin on Aug. 1. In recent months, Trump has rolled back some of his steepest tariffs, meaning delays could be possible in the case of the Aug. 1 deadline. The Trump administration appears to have stood largely behind the deadline in recent days, however.

Last-ditch talks to reach a trade agreement are ongoing, with the EU hoping it can negotiate a lower tariff rate. The bloc had hoped it could strike a similar pact to the U.K., which was the first country to make a trade agreement with the U.S. That deal includes a 10% baseline tariff with some caveats relating to car, steel and aerospace imports.

The European Union is pushing to secure a trade deal with the U.S. ahead of President Donald Trump’s Aug.1 deadline.

President Donald Trump announced that he is extending the deadline for a 50% tariff on the European Union until July 9, a measure he had earlier said would go into effect on June 1. "I received a ...

General Motors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging tariff policies, which it said sapped $1.1 billion from the results.

Plus, the London Stock Exchange Group is weighing whether to launch 24-hour trading, and US President Donald Trump’s tariffs have raised nearly $50bn in extra customs revenues. Can Europe break free of American tech supremacy?

In today’s edition … The Trump administration’s tariff messaging is all over the place … A final price on the One Big, Beautiful Bill … Harvard and Trump spar in court.