Uncertainty persists about when a trade agreement between the U.S. and EU may be struck. U.S. President Donald Trump has suggested an agreement could come as soon as this week, however. The European Union (EU) is stuck in limbo as uncertainty persists around when a trade agreement with the U.S. might be reached.

German exporters do not want a deal at any price in the trade conflict with the United States, said Dirk Jandura, head of the BGA trade lobby.

Trump wants to impose a 25% tariff on South Korea, but it's been postponed. Will three more weeks be enough time to negotiate? Will there be another extension?

Tariff negotiations between the two top trading partners are on a different track from those the U.S. is pursuing with other nations. But Canada may not get a better outcome.

The U.S. and China have reached an agreement — again — to deescalate trade tensions. China is making it easier for U.S. companies crucial magnets and rare earths materials.

Two of the sources said the framework may be similar to the one agreed with Britain in May. In that deal, the U.S. cut tariffs on British-made cars to 10% and British carmakers received a import quota of 100,000 cars a year at the lower tariff rate, almost the total Britain exported last year.

Asian stock markets mostly advanced around midday Tuesday, after President Trump unveiled a three-week extension to negotiate trade agreements, spurring mild hopes for deals following punishing U.S. tariffs.

India's ongoing Free Trade Agreements are pivotal for expanding global value chain participation, emphasized by officials at a recent export logistics conference. Highlighting sustainable logistics and infrastructural development,

South Korea said it planned to intensify trade talks with the United States and considered U.S. President Donald Trump's plan for a 25% tariff from August 1 as effectively extending a grace period on implementing the duties.