President Donald Trump threatened new tariffs on more than 20 countries this week, but his justification for raising import taxes on Brazil stands out.

The European Union may be nearing a trade agreement with the United States but is struggling to obtain immediate tariff relief and a commitment not to introduce new measures, the head of the European Parliament's trade committee said on Wednesday.

The pause on the biggest of Trump's tariffs won't pass this week, as planned, but the problems they present still loom large.

President Trump has announced — but postponed the effective date for — higher tariffs once again. Here's what to know about the latest on his tariff policy.

Making AI-chip monster Nvidia (NVDA.O) the first company to be valued at $4 trillion briefly on Wednesday, investors parsing another wave of tariff hikes and confusion seem keener to look through the fog and bank on long-term themes regardless.

The president also decided to send out letters as a way to keep the pressure up.

The EU remains hopeful it will strike a deal to avoid steep levies Trump has threatened on its exports to the US.

European spirits makers rose on Tuesday on expectations that the sector could be subject to concessions in an eventual trade deal between the United States and the European Union. Three sources told Reuters on Monday that spirits,