U.S. President Donald Trump on Thursday signed an executive order further modifying tariff rates with nearly 70 trading partners.
U.S., EU seal trade deal amid concerns over tariff imbalance2025-08-01
U.S. President Donald Trump and European Commission President Ursula von der Leyen claimed Sunday that they had reached a trade deal under which the United States would impose a baseline tariff of 15 percent on European Union (EU) goods.
Intel cancels plans for German chip plant amid global streamlining2025-08-01
U.S. chipmaker Intel announced on Thursday that it has abandoned its plan to construct a large-scale semiconductor facility in Germany, citing ongoing efforts to streamline its global production operations. The move brings a definitive end to the project that had been suspended for nearly a year.