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The 50,000-square-foot processing center will be built at Tradepoint Atlantic in the port, and will be equipped to customize, inspect and prepare McLaren vehicles for distribution.

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.

A Hong Kong conglomerate that had agreed to sell its two ports at the Panama Canal said it may seek a Chinese investor to join a consortium of buyers, which could bring more U.S. scrutiny to the deal.

The U.S. and the EU agreed to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher import duties that might have sent shock waves around the globe.

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

President Donald Trump said trade talks with Canada are not a focus for his administration right now, and instead of negotiating a deal, he may decide to just leave import taxes in place.

The two sides have been zeroing in on an agreement that would see the EU face 15% tariffs on most of its trade.

President Donald Trump put the odds of striking a trade deal with Europe to reduce the tariff rate on their imports at 50-50, even as diplomats from the trading bloc have expressed optimism.

Analysts have speculated that a Union Pacific-Norfolk Southern tie-up could leave the next-biggest companies in the industry — BNSF and CSX — to at least consider their own combinations.

The pair spoke to reporters while overseeing restoration work being done at the Fed's headquarters, with the president and the central bank leader almost immediately arguing over its cost.