The European Union dominates critical pharmaceutical imports into the United States, making the 30% tariffs Trump threatened to go into effect Aug. 1 particularly risky.

Chinese leader Xi Jinping told visiting European Union leaders that Europe should make “the right strategic choice” and enhance cooperation with China for global “stability,” as the two sides tackle deep-seated grievances at a key summit.

SAP SE warned that the global trade war and the dollar’s weakness are weighing on its business. Shares of the German software company fell.

This week's U.S. trade agreement with Japan could provide a framework for a pact with the European Union, experts say.

Company has outsized exposure to Donald Trump’s tariffs, with its single Ontario mill relying heavily on U.S. market

As companies all over the U.S. seek ways to cope with Trump's trade war, D'Addario & Co. executives are setting up a free trade zone and rerouting shipments to avoid tariffs.

Canada pushes for a trade deal as President Donald Trump plans to impose a 35 percent tariff on Canada on August 1.

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China wants to bring its trade ties with the U.S. back to a stable footing, its commerce minister said, adding that recent talks in Europe showed there was no need for a tariff war while urging the U.