Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the year ending in June, which marked a slowdown from 41% year-over-year growth in May. Under Trump, inflation has defied doomsday predictions and helped to propel sturdy economic performance.

Inflation picked up steam last month amid early signs that President Trump's tariffs are beginning to have an effect on the prices shoppers see in stores.

Consumer prices probably rose 2.6% last month from a year ago, up from an annual increase of 2.4% in May, according to data provider FactSet.

The European Union could target Boeing and whiskey-maker Brown-Forman under its plans for retaliatory tariffs if the bloc can’t reach a trade deal with the U.S.

The European Union on Monday accused the U.S. of resisting efforts to strike a trade deal and warned of countermeasures if no agreement is reached to avoid the punishing tariffs President Donald Trum...

“If (the tariff) stays 30 (percent) plus, simply trading as we know it will not continue, with huge negative effects on both sides of the Atlantic,” he added.

U.S. stock indexes held near their records following President Trump's latest updates to his tariffs, as speculation continues that he may ultimately back down on them.

European Union ministers agreed on Monday to prioritise negotiations with the United States to avoid threatened 30% tariffs that the EU trade chief said would wreck transatlantic trade.

When asked if Trump’s tariffs are helping or hurting trade negotiations, 27% of respondents said they are “hurting the U.S.’s efforts to negotiate better trade deals,” while 63% said his tariffs are “...