India has reportedly offered the US steep tariff cuts but is seeking to retain high duties on some agricultural commodities, such as food grains and dairy products, according to a report in the FT on Wednesday.

The European Union and the United States are heading back to the bargaining table after President Trump reversed course on a 50% tariff on goods from the E.U.

BRUSSELS - The European Union (EU) and the United Arab Emirates (UAE) have formally launched negotiations for a bilateral Free Trade Agreement (FTA), marking a potential breakthrough towards the EU's first comprehensive trade deal in the Gulf region, said the European Commission on Wednesday.

In a letter to U.S. Trade Representative Jamieson Greer, Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, Warren said Big Tech has long sought to use trade negotiations to "undermine pro-consumer, pro-competition policies." She asked for details on the officials' interactions with tech industry executives.

European companies in China have ranked a domestic slowdown in the world’s second-largest economy as a bigger challenge for them than the trade war, underlining the hurdles for Beijing as it negotiates with the US on tariffs.

Stocks jump after Trump delays EU tariffs until July 9 to give more time for talks. Some deals also expected this week.

The European Union is seeking to accelerate trade talks with the US just six weeks before President Donald Trump’s threatened 50% tariffs come into effect.

US stock futures jumped Monday night following President Trump's decision to delay a broad 50% tariff on all EU products from June to July to allow time for negotiations. The jumps followed Trump’s Sunday announcement that he would postpone a 50% tariff on EU imports until July 9.