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America’s largest trade partner, the European Union, is among the entities awaiting word Monday on whether U.S. President Donald Trump will impose punishing tariffs on their goods, a move economists have warned would have repercussions for companies and consumers on both sides of the Atlantic.

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US tariffs on European goods threaten to shake up the world’s largest 2-way trade relationship

President Donald Trump on Sunday signed a major disaster declaration for Kerr County, Texas, where at least 59 people have died, and dozens remain missing in flooding after torrential rains.

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Trump signs major disaster declaration for Texas flooding response

President Donald Trump in April announced a 90-day pause on the tariffs he had unveiled just days prior on virtually every major trading partner.

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Tariffs return to April rates on August 1 without deals, Bessent says

Israel's Prime Minister Benjamin Netanyahu said he believed his discussions with U.S. President Donald Trump on Monday would help advance talks on a Gaza hostage release and ceasefire deal that Israeli negotiators resumed in Qatar on Sunday.

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Israeli PM Netanyahu Says He Believes Trump Can Help Seal a Ceasefire Deal

The US has threatened to hit EU agricultural exports with 17 per cent tariffs in a twist to its trade conflict with Brussels, three people briefed on the discussions said. Such tariffs would hit everything from Kerrygold butter to Belgian chocolate and olive oil from the Continent, all of which are big sellers in the US. The eleventh-hour move, which EU officials characterised as an escalation of the transatlantic dispute, came ahead of a July 9th deadline to agree a deal between the two trading giants.

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US threatens EU with 17% tariff on food exports

The United States is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs were due to kick in, U.S. Treasury Secretary Scott Bessent said on Sunday, predicting several big announcements in coming days.

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US close to several trade deals, announcements expected in coming days, Bessent says

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