Latest News Updates From Bloomberg News

GovernmentBusiness

US, China Start Talks in Sweden on Trade Truce Extension

Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent are leading the delegations through July 29 in Stockholm — their third meeting in less than three months.

July 28, 2025
GovernmentBusiness

Trump Seeks New Legal Grounds for Brazil 50% Tariff Threat

President Donald Trump’s administration is preparing a new emergency declaration as a basis for tariffs on Brazil, people familiar with the matter say.

July 25, 2025
GovernmentBusiness

EU Readies $117 Billion Plan to Match US 30% Tariff

The 30% tariffs will be imposed in the event of no deal and if President Donald Trump carries through with his threat to impose that rate on most of the bloc’s exports after Aug. 1.

July 23, 2025
GovernmentBusinessLogistics

Copper-Laden Ships Race to Reach US Ahead of 50% Tariffs

At least four ships carrying copper are trying to reach U.S. ports before August to get ahead of planned import tariffs on the metal.

July 22, 2025
BusinessFuel

Diesel Stockpiles at Lowest Levels Since 1996

In the middle of the U.S. summer driving season, diesel is knocking gasoline off its perch as the hot fuel bet and has become one bright spot in an oil market bracing for a glut this year.

July 21, 2025
BusinessFuel

BP Names Albert Manifold New Chairman

BP appointed former CRH CEO Albert Manifold as its new chairman, replacing Helge Lund amid pressure for a change in the company’s direction from shareholder Elliott Investment Management.

July 21, 2025
GovernmentBusinessTechnologyEquipment

Trump Adds Tariffs on Industries for Aug. 1 Double Whammy

President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties on Aug. 1.

July 18, 2025
BusinessEquipment

Truck Maker Iveco Draws Takeover Interest From Tata Motors

Italian truck maker Iveco Group NV has attracted takeover interest from India’s Tata Motors Ltd., people familiar with the matter said.

July 18, 2025
GovernmentBusinessFuel

US to Impose 93.5% Tariff on Graphite From China

The Commerce Department imposed preliminary antidumping duties of 93.5% on Chinese imports of graphite, a key battery component.

July 17, 2025
GovernmentBusinessEquipment

EU Tariff Targets Include Boeing, US Cars and Bourbon

The EU has finalized a second list of countermeasures to target U.S. goods worth $84 billion, including Boeing aircraft, automobiles and bourbon if it decides to retaliate against tariffs.

July 15, 2025