US

The EU reached a provisional deal on May 20 to implement its trade agreement with the U.S., capping most tariffs at 15% and averting threatened levies ahead of Trump's July 4 deadline.

China and the United States struck a wide-ranging preliminary trade agreement covering tariffs, agriculture, rare earths and a 200-aircraft Boeing deal, following high-level talks in Seoul and Beijing.

From soybeans to semiconductors, Boeing to LNG — here's a factual breakdown of what the U.S.-China summit actually produced and what it means for global trade.

The U.S. and China reached a preliminary deal to reduce tariffs on non-sensitive goods and establish bilateral trade and investment councils, with agriculture and civil aviation identified as priority sectors.

U.S. President Donald Trump concluded a landmark state visit to China on May 15, reaching major agreements with President Xi Jinping and setting a new framework for bilateral relations.

Xi Jinping and Donald Trump held a summit in Beijing on May 14, pledging a new "constructive strategic stable" framework to guide U.S.-China relations for the next three years.

The Trump administration begins early-stage discussions on potential peace talks with Iran, using backchannel diplomacy as fighting continues and both sides outline initial negotiation conditions.

China denounces U.S. 301 trade investigations on overcapacity and forced labor, condemns arms sales to Taiwan, and urges Washington to resolve disputes through dialogue and uphold global trade rules.

A U.S. court has ordered refunds of $166 billion in IEEPA tariffs, affecting over 330,000 importers. U.S. Customs says an automated refund system could launch within 45 days, with payments starting as early as late April.

U.S. International Trade Court orders the Trump administration to refund over $130 billion in invalidated global tariffs. Major companies including Costco, FedEx, and Pandora are seeking reimbursement.

After the Supreme Court invalidated IEEPA-based tariffs, the US replaced reciprocal and fentanyl duties with a temporary 10% Section 122 surcharge on all imports, reshaping global trade deals.

The United States is accelerating coal-to-ammonia, hydrogen and advanced materials projects to secure energy, food and AI power demand, signaling a major shift in global coal and chemical supply chains.

As US–Iran negotiations resume in Geneva, Brent holds near $71 and WTI trades at $65–66, with markets pricing in a $7–10 geopolitical risk premium tied to sanctions and Strait of Hormuz supply risks.

The US has designated phosphorus and glyphosate as national security priorities, citing risks to defense supply chains, semiconductor production, agriculture and battery materials demand.

U.S. Trade Representative Jamieson Greer said on Feb. 25 (ET) that President Donald Trump may raise the new 10% global tariff to 15% or higher for some countries, while keeping China tariffs unchanged ahead of planned talks.

The U.S. Department of Commerce sets preliminary countervailing duties up to 143.3% on solar imports from India, Indonesia and Laos, intensifying trade tensions in the global photovoltaic market.

The Trump administration is weighing new Section 232 national security tariff probes targeting six industries, separate from the recently announced 15% global tariff plan.

The U.S. will terminate IEEPA tariffs on all countries, including China, halting 10% fentanyl and reciprocal duties effective February 24, 2026, as announced by Customs and Border Protection.

The United States and Bangladesh signed a Reciprocal Trade Agreement on February 9, 2026, lowering U.S. tariffs on Bangladeshi exports to 19% and expanding bilateral market access.

The United States has convened its first Critical Minerals Ministerial, unveiling new cooperation with Japan, Mexico and the EU as Washington accelerates efforts to restructure global mineral supply chains.

A new U.S.–India trade deal effective February 3 slashes tariffs on Indian exports from 50% to 18%, altering price competitiveness in the U.S. market and reshaping trade dynamics among China, the U.S. and India.

On February 4, Chinese President Xi Jinping spoke with U.S. President Donald Trump by phone, stressing dialogue, stable ties and cooperation, while underscoring China's position on Taiwan.

China and the United States have signaled openness to a new round of trade talks ahead of a possible April leaders' meeting, as officials stress dialogue, dispute management, and stable bilateral economic ties.

Germany–US economic relations are showing rare signs of cooling as German investment and exports to the United States decline sharply, driven by rising policy uncertainty and renewed tariff threats.

President Trump announced a tariff hike on key South Korean imports from 15% to 25%, citing Seoul’s failure to ratify a 2025 trade agreement covering autos, lumber and pharmaceuticals.

As a U.S. carrier strike group moves into the Middle East, Iran and Hezbollah issue stark warnings, Israel raises alerts, and regional allies fear escalating tensions could ignite a wider conflict.

U.S. President Donald Trump has escalated tensions with Europe by linking sweeping tariff threats against eight NATO allies to demands over Greenland, prompting strong pushback from EU leaders and raising fears of a prolonged transatlantic standoff.

The US State Department's 2026–2030 strategic plan puts 'America First' at the center of diplomacy, trade, and security, outlining a more targeted approach to counter China's influence worldwide.

President Trump said the US will impose tariffs of up to 25% on exports from eight European countries in 2026, prompting coordinated responses from EU leaders warning of risks to transatlantic ties.

The United States has reached a trade agreement with Taiwan, China, cutting reciprocal tariffs to 15%, granting sector-specific exemptions, and linking tariff relief to major semiconductor investment commitments in the U.S.