EU reportedly prepared to accept a flat 10% tariff on all exports to US in a bid to prevent steeper duties on critical sectors. ... according to the German-language business daily Handelsblatt.

The S&P 500 should get a massive boost from business deregulation. Watch these sectors in particular, and consider exchange-traded funds (ETFs) to play them: 1.

Which are these sectors or stocks you have focused on which will see a limited impact of the tariffs? Rakshit Ranjan: Our sectoral orientations in the portfolio include healthcare at the moment.

Elon Musk criticized a Senate draft bill on his 54th birthday, claiming it would destroy millions of jobs by raising taxes on wind and solar projects not yet under construction.

Russia's economy is cooling, with a top minister suggesting it's on the verge of a recession amid record-high defense spending and sanctions.

South Korea's new President Lee Jae-myung said he and President Trump agreed to work together on a tariff deal in the first phone call since Lee was elected on Tuesday.

The United States and China have agreed on a framework to implement their trade truce, officials on both sides said Wednesday, after concluding two days of talks in London to defuse tensions and ...