In a controversial move, the US has doubled tariffs on foreign steel and aluminum imports to 50%, aiming to bolster local industries despite backlash from key trading partners like Canada and Mexico.
As the UK-EU summit approaches, Sir Keir Starmer is pushing for a deal on youth mobility, trade, and fishing rights. Despite mixed reactions and criticisms, negotiations continue with no deadline in sight.
US stocks saw extreme volatility as traders reacted to rumors about potential tariff negotiations. Despite a brief surge, the market plummeted again as fears of a trade war escalate.
