US-China Trade Talks Stall Amid Tariff Dispute, Treasury Says
US-China trade talks stall despite recent tariff reductions, Treasury Secretary says, as negotiations await high-level intervention.
US-China trade talks stall despite recent tariff reductions, Treasury Secretary says, as negotiations await high-level intervention.
European stocks closed lower as trade talks and corporate news weighed on markets. STOXX 50 fell 0.3%, while tech and luxury stocks declined. Vivendi surged 13.2% amid takeover buzz. Eurozone construction output rose 2.9% yearly, but current account
US imports plummet 20% in April due to Trump's tariffs, marking a record monthly drop. Trade deficit shrinks as Canada and China exports hit multi-year lows. Talks continue amid global trade tensions. (219 characters)
US and EU near tariff deal, but tensions remain as 50% steel/aluminum duties persist. Von der Leyen warns trade relations may never fully recover. Read more on the fragile transatlantic partnership. (219 characters)
German stocks rise as DAX gains 0.3%, tracking European markets amid US-EU tariff deadline. Siemens hits 16-week high, while producer prices drop 1.3%. Investor sentiment reaches highest since 2022.