The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month.

German Chancellor Friedrich Merz is working with EU leaders to prevent 30 percent U.S. tariffs before the August 1 deadline amid escalating trade tensions.

The EU is preparing to step up its engagement with other countries hit by Donald Trump’s tariffs following a slew of new threats to the bloc and other US trading partners, according to people familiar ...

President Donald Trump has announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1. Trump ...

Also in today’s newsletter, German defence minister calls on arms makers to deliver, and the EU pauses trade retaliation ...