The United States and the European Union announced a trade framework Sunday after a meeting between President Donald Trump and European Commission

The 15% tariff would be lower than previously threatened but remains a high duty on America’s largest trading partner.

President Donald Trump is set to meet with European Commission chief Ursula von der Leyen in Scotland to discuss trade. Both sides are seeking an agreement on tariff rates.

Commerce Secretary Howard Lutnick joins 'Fox News Sunday' to weigh in on President Donald Trump's tariff plan, a potential EU deal and requirements for TikTok to remain in the U.S. through American ownership.

The Trump administration is poised to implement a new wave of tariffs, potentially reaching 50% for certain nations, effective August 1st. This move underscores President Trump's strategy of using tariffs as leverage to secure international concessions and reshape global trade relations.

Confident that his right-wing populist policies would help win him favor with Trump’s administration, Orbán said in an interview in April that while tariffs “will be a disadvantage,” his government was negotiating “other economic agreements and issues that will offset them.”

With inflation creeping back into the US economy, it's as important as ever to have a firm grasp on Donald Trump's tariffs and what they mean.

Norwegian steel producers are reeling after the European Union (EU) made a surprise announcement. In a letter sent to countries within the European Economic Area (EEA), the EU revealed that it will introduce new tariffs targeting imports of ferroalloys—an essential material used in steel production.