European Commission President Ursula von der Leyen announced that she is to meet with US President Donald Trump during the weekend in Scotland in a post on Friday, amid fears about the looming tariff cliff.

European Union countries approved a proposal by the European Commission to potentially impose import tariffs on goods with a total trade volume of €93 billion ($109. 4 billion) if talks with the United States fail,

After months of intensive talks and shuttle diplomacy, a trade agreement between the European Union and the US now rests mostly on Donald Trump. Most Read from BloombergTrump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in USThe High Costs of Trump’s ‘Big Beautiful’ New Car Loan DeductionCan This Bridge Ease the Troubled US-Canadian Relationship?

A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, industry experts warn.

Trade partners with the U.S. could lower tariff rates set to kick in next week by striking deals similar to the one made with Japan, President Donald Trump told reporters Thursday. Speaking at the construction site for the Federal Reserve headquarters currently under renovation,

"He's a wheeler-dealer, our president, needless to say, and he's kind of cutting these deals — but he has scared these people, and he's leveraged American bargaining power."

President Donald Trump said on Friday that his team is looking at giving Americans a rebate because of the money coming in from tariffs placed on other countries. Trump has often used tariffs, taxes on goods the US imports,