The EU is meanwhile preparing to step up engagement with countries hit by Trump’s tariffs, following a slew of new threats to the bloc and other U.S. trading partners.

European trade ministers were hopeful for a negotiated trade deal after Trump announced 30% tariffs on the European Union.

The U.S. Dollar (DXY) rose on Monday while the euro retreated as U.S. President Donald Trump threatened to impose 30% tariffs on the European Union.  The greenback was last up 0.14% at $97.99.  Dollar ...

The European Union accused the U.S. of resisting efforts to agree a trade deal and warned of countermeasures on Monday if no deal was struck to avoid the "absolutely unacceptable" tariffs President ...

The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, ...

President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the European Union starting ...