How U.S.-EU trade deal impacts imports

18 July 2025, Bremen, Bremerhaven: Containers are handled at the overseas port. Picture Alliance | Picture Alliance | Getty Images A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of President Donald Trump new trade deal with the European Union. On Sunday, Trump announced a trade deal with the EU, following…

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Trump announces EU trade deal with 15% tariffs

U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, on July 27, 2025. Evelyn Hockstein | Reuters President Donald Trump announced Sunday that the U.S. reached a trade deal with the European Union, following pivotal…

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China AI action plan

Chinese Premier Li Qiang spoke at the opening of the World Artificial Intelligence Conference in Shanghai on Saturday, July 26, 2025. Bloomberg | Bloomberg | Getty Images SHANGHAI — The tech race between the world’s two largest economies just intensified. China on Saturday released a global action plan for artificial intelligence, calling for international cooperation…

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