US President Donald Trump suggested China was in a ‘very bad situation’ until he agreed to cut them a deal on tariffs.

President Donald Trump pulled back from threatening a larger trade war with Europe, again. On May 23, Trump said he would impose a 50% tariff on the EU starting on June 1. He later told reporters he felt no need to cut a deal.

US treasury chief stresses getting a deal over the finish line will likely hinge on the direct involvement of both leaders.

President Trump's latest moves appear to have eased some of the uncertainty clouding the economic outlook among consumers.

Donald Trump said he is “extremely satisfied” with the proposed 50% tariff on the European Union, accusing the bloc of “slow walking” trade negotiations. He claimed the EU has now “called to quickly establish meeting dates,