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Major US trading partners scrambled over the weekend to finalize trade deals or lobby for extra time as President Donald Trump said he’s notifying about a dozen countries on Monday of the new tariff level on their shipments to the US.

President Donald Trump derided Elon Musk’s announcement that the Tesla and SpaceX chief executive officer is starting a new political party, saying the US has “always been a two-party system.”

President Donald Trump said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS,” injecting further uncertainty into global trade as the US continues to negotiate levies with many trading partners.

The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers the world over while answering US President Donald Trump’s calls for lower fuel costs.

French Finance Minister Eric Lombard said Europe must shore up its tariff barriers to counter Chinese imports that risk harming the continent’s industrial economy.

Germany is considering purchasing up to 2,500 armored fighting vehicles and as many as 1,000 battle tanks as part of a joint European effort to create new NATO brigades to deter Russia, according to people familiar with the matter.

US President Donald Trump said his administration will probably start notifying trading partners Friday of the new US tariff on their exports effective Aug. 1, while reiterating a preference for simplicity over complicated negotiations five days before his deadline for deals.

US President Donald Trump said that his administration may begin sending out letters to trading partners as soon as Friday setting unilateral tariff rates ahead of a July 9 deadline for negotiations.

China is planning to offer cash handouts to families as an incentive for couples to have children, according to people familiar with the matter, as years of population decline threaten the world’s No. 2 economy.

Asian equities were set to climb Friday following fresh highs for US stocks as strong jobs data eased concerns the economy slowing down.

After days of negotiations and last-minute dealmaking, the US Congress passed a multitrillion-dollar tax and spending bill securing President Donald Trump’s domestic policy agenda.

Economists surveyed by The Wall Street Journal forecast that 110,000 new payrolls were added in June. That would be the fewest since February.

German automaker Mercedes-Benz Group AG, French luxury giant LVMH Moët Hennessy Louis Vuitton SE and other major European firms are spearheading a corporate push that’s weakening the European Union’s efforts to stand up to Donald Trump’s tariff threats.

As President Donald Trump and his advisers begin weighing replacements for Federal Reserve Chair Jerome Powell, they’re running into one significant complication: It’s not clear that Powell will leave the US central bank next year.

US airstrikes on Iran set back the country’s nuclear program by one to two years, a Pentagon spokesman said, adding to uncertainty around the status of the country’s facilities after President Donald Trump said they’d been obliterated.

Das US-Repräsentantenhaus hat das von Präsident Donald Trump geforderte Steuer- und Ausgabengesetz verabschiedet. Die Abgeordneten stimmten am Donnerstag mit 218 zu 214 Stimmen für das umstrittene Paket. Der Senat hatte bereits zuvor grünes Licht gegeben. Nach der im Kongress genommenen Hürde kann Trump das Gesetz wie von ihm angestrebt zum Nationalfeiertag am 4. Juli per Unterschrift in Kraft setzen.

The Trump administration is halting the transfer of artillery rounds and air defenses to Ukraine, depriving the country of much-needed weapons as it endures stepped-up missile and drone attacks from Russia.

A silent transfer of control is reshaping the $2.1 trillion Bitcoin market.

OPEC+ has begun discussing another 411,000 barrel-a-day production increase for August ahead of the group’s video-conference this weekend, according to delegates who asked not to be identified.

President Donald Trump said he had reached a trade deal with Vietnam following weeks of intense diplomacy between the nations and ahead of a deadline next week that would have seen higher tariffs imposed on the country’s imports.

Drei Jahre hintereinander hat Wien im „Economist“-Ranking den Titel „lebenswerteste Stadt der Welt“ getragen. Heuer nicht mehr, die dänische Hauptstadt Kopenhagen hat den Thron erobert. Auch sonst wandern viele begehrliche Blicke nach Dänemark, das mit 1. Juli die EU-Ratspräsidentschaft übernimmt: hohes Wachstum, schlanke Strukturen, kaum Asylsuchende. Zu mehr Strenge bei der Asyl- und Migrationspolitik dürfte Kopenhagen im kommenden halben Jahr auch die EU-Partner drängen wollen.

Euro-area inflation settled at the European Central Bank’s target in June, strengthening arguments to press pause on a year-long campaign of interest-rate cuts.

Tesla Inc.’s rally off the back of launching a limited driverless taxi service is about to be tested by what analysts expect will be another downbeat quarterly sales report.

Saudi Arabia is exporting crude at the fastest rate in over a year as the OPEC+ leader presses on with a strategy to recoup its share of global oil markets.

The euro’s relentless rally stalled on Tuesday as US data failed to support an imminent interest-rate cut by the Federal Reserve, prompting traders to buy the dollar.

Iran is keeping its nuclear ambitions more closely guarded than ever after last month’s attacks by Israel and the US, introducing additional ambiguity to the Islamic Republic’s diplomatic showdown with Washington.

European Central Bank officials are starting to fret that a rapid appreciation of the euro could derail efforts to anchor inflation at 2%.