EU trade ministers agreed Monday that U.S. President Donald Trump’s announcement of 30% tariffs on the European Union was “absolutely unacceptable,” and they are studying a new set of countermeasures to respond to the move.
Read MoreUS inflation ticked up in June in a possible sign that President Trump’s tariffs are starting to sting. The Consumer Price Index rose 2.7% in June from the year before, matching economists’ expectations but coming in above the previous month’s 2.4% reading, the Bureau of Labor Statistics said Tuesday.
Read MoreThe Senate voted 51-50 Tuesday evening to advance President Donald Trump's rescissions package out of committee, with Vice President J.D. Vance casting the tie-breaking vote.
Read MoreNorth Korean leader Kim Jong Un has reaffirmed his country's "unconditional support" for Russia in the Ukraine war, telling Russian Foreign Minister Sergey Lavrov on Saturday that he strongly believes Moscow will emerge victorious from the conflict.
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