An escalatory spiral that leads towards Eurasia's 10% 'trade war' scenario, however, would prompt Brussels to deploy escalatory measures, such as "export controls/duties, public procurement curbs, and/or penalties on U.S. services exports" by using the ACI "trade bazooka as a last resort," they concluded.

Asian governments are hoping a flurry of last-minute diplomacy will secure them better deals from the White House. Japan’s chief trade negotiator Ryosei Akazawa met with US Commerce Secretary Howard Lutnick for more than two hours on Monday — his eighth round of trade talks with US officials.

President Donald Trump is expected to travel to Scotland in his 27th week back in the Oval Office, as well as continue ironing out trade deals ahead of the Aug 1 deadline.

The nation's busiest port in LA has seen a bump in containers as importers try to stay ahead of tariffs, but at small ports, Trump trade policy is hitting hard.

President Donald Trump’s effort to target China through its trading partners across global supply chains threatens to erode the country’s growth and most of its exports to the US, according to Bloomberg Economics.

President Trump’s threat to impose 30% tariffs on the European Union disrupted negotiations. From cars to wine, these are the industries in the firing line.

Investors continue to shrug off the president’s threats, sending stocks to new highs. That calm could be tested going into a packed week for corporate earnings.

America’s love for coffee has made the dark brewed beverage the most popular drink in the country. Here’s a look at US coffee-drinking habits and why your cup of coffee could be more expensive very soon,

The Transportation Department has announced a series of actions against Mexico for violating a years-old agreement for violating a bilateral anti-competitive trade pact.