In the tariff dispute with the European Union, US President Donald Trump currently sees the chances of reaching an agreement at around 50%. "I would say that we have a 50-50 chance, maybe less than that, but a 50-50 chance of making a deal with the EU ...

Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the industry.

European companies are racking up massive losses as President Donald Trump pushes forward with 30% tariffs on everything shipped to the U.S. from the European Union starting August 1. These penalties are already crushing bottom lines,

President Donald Trump released two tariff letters on Saturday, imposing duties of 30% on products from Mexico and the European Union.

Trump has escalated his demands on the EU following weeks of negotiations over a possible framework deal, the Financial Times reported.

A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, industry experts warn.

President Donald Trump’s vows to roll out punishing new tariffs on Aug. 1 have barely made a ripple with investors who are convinced he’ll once again back down. But at the White House, officials insist they’re serious this time.

By Trevor Hunnicutt, Jasper Ward and Mariko Katsumura WASHINGTON/TOKYO (Reuters) -U.S. President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports and spares Tokyo punishing new levies on other goods in exchange for a $550 billion package of U.