The EU on Monday agreed to speed up tariff talks with the US, easing concerns about a trans-Atlantic trade war. The move followed Trump’s announcement on Sunday that the US woul

The S&P 500 rose 2.1% on Tuesday, May 27, 2025, after President Trump postponed new tariffs on imports from Europe.

Wall Street’s fear gauge settled down after the delay in EU tariffs eased some jitters among traders. The CBOE Volatility Index, or VIX, was down to 19.30 on Tuesday after spiking north of 25 during Friday’s session.

White House Council of Economic Advisers Chair Stephen Miran discusses the state of EU-US trade negotiations, the economic impact of recent tariffs and the Trump administration's deregulation initiative.

Trump agrees to extend the proposed 50% EU tariff to July 9, 2025, after a call with European Commission President Ursula von der Leyen. Talks are set to "begin rapidly," he said.

The European Union is seeking to accelerate trade talks with the US just six weeks before President Donald Trump’s threatened 50% tariffs come into effect.

The European Union has agreed to fast-track trade talks with the US in a bid to avoid President Trump's 50% tariffs — which, in an about-face, he announced would be delayed until July 9. On Tuesday, a Bloomberg report said that the EU's trade chief,

European Union countries backed plans on Tuesday to scale back the bloc's carbon border levy to cover just 10% of the companies currently covered by the scheme, on the grounds that these firms account for nearly all of the emissions involved.