The additional time for trade negotiations has been received positively by European officials, but there are many obstacles remaining to an agreement over the next month. Demands from each side do

Officials from the European Union and the United States will start a new negotiating push, after President Trump delayed until July 9 tariffs of 50 percent.

Over the past weekend, Kool & the Gang's Michael Sumler passed away in a tragic car accident in Atlanta, Georgia. The musician was 71-years-old. Donald Trump's sweeping tax legislation is expected to cost around $3.8 trillion over the next 10 years.

President Trump said the U.S. will delay a threatened 50% tariff on goods from the European Union from June 1 until July 9.

Trump's announcement comes days after he threatened the EU with a 50% tariff after having paused reciprocal tariffs on it and other nations in April.

The EU on Monday agreed to speed up tariff talks with the US, easing concerns about a trans-Atlantic trade war. The move followed Trump’s announcement on Sunday that the US woul

The delay offers the bloc more time to negotiate a trade deal and avert 50% tariffs that Trump had threatened to impose on June 1.

Wall Street’s fear gauge settled down after the delay in EU tariffs eased some jitters among traders. The CBOE Volatility Index, or VIX, was down to 19.30 on Tuesday after spiking north of 25 during Friday’s session.

The storied sports car maker, which was facing challenges from China and slumping demand for electric cars, now has to grapple with tariffs from the Trump administration.