US and Mexican trade negotiators have hit an impasse over tariffs on steel and aluminum, dashing earlier optimism for an imminent deal and likely kicking major progress until after the midterm elections, people familiar with the matter said.

President Donald Trump waived massive tariffs linked to Russian energy exports mandated in a law that he signed last month, as the measures complicated his push to lower diesel prices ahead of the US midterm elections.

Iowa and Michigan are among US states with competitive Senate races that appear hardest hit by President Donald Trump’s tariff agenda, with exports falling relative to before his second term began.

The US joined 14 other economies in pledging to confront excess manufacturing capacity and production in certain sectors, even as the Trump administration looks to punish some of those trading partners over those concerns.

President Donald Trump’s top trade adviser said there’s no timeline for cutting tariffs on the $60 billion of goods recently recommended by the US-China Board of Trade.

While the US trade chief met with colleagues, some of Trump’s tariffs faced fresh legal scrutiny

Trade Representative Jamieson Greer indicated China and the US remain divided on the terms of a trade truce extension, suggesting that three to six months was a range that Washington could support.

US and Chinese officials offered upbeat assessments of their talks on artificial intelligence, trade and investment, signaling a mutual desire to steady ties ahead of this week’s summit between leaders Donald Trump and Xi Jinping.

US Treasury Secretary Scott Bessent lauded “very successful” talks with his Chinese counterparts on artificial intelligence, trade and investment, while China described the discussions as positive ahead of this week’s summit between leaders Donald Trump and Xi Jinping.

US and Chinese officials met in New York to lay the groundwork for a high-profile summit between Presidents Donald Trump and Xi Jinping, as the world’s two biggest economies seek to maintain — and potentially extend — a fragile trade truce.

US Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng will lead talks on trade and other pressure points Sunday in New York ahead of next week’s summit between the leaders of the world’s two biggest economies.

US Trade Representative Jamieson Greer will attend talks with Chinese officials in New York on Sunday, according to a statement from his office.

The US is expected to hold off announcing new tariffs on China and other trading partners until after next week’s summit between Presidents Xi Jinping and Donald Trump, according to people familiar with the matter, a delay that could preserve such a threat as leverage in the negotiations.

President Donald Trump directed agencies to remove Canadian goods from government contracts, executing an earlier threat as tensions between the two countries flare.

President Donald Trump’s latest trade maneuver leaves the door open to compromise with Canada, even as it threatens to exacerbate the cost-of-living crisis for Americans and further sour relations with Ottawa.

The US escalated its trade war with Canada following Ottawa’s tariff retaliation, moving to block imports of some products while slapping new tariffs on others, as well as seeking to bar Canadian companies from selling to government contractors.

A tariff investigation in President Donald Trump’s administration has spurred an unlikely critic: one of the largest Orthodox Jewish groups in the US.

US Commerce Secretary Howard Lutnick said that Anthropic PBC has patched its relationship with the Trump administration, signaling a possible end to months of sharp differences over security between the US and the artificial intelligence developer.

President Donald Trump signed an order easing tariffs on some ground beef imports, an effort to lower costs for consumers that has managed to rile ranchers and rural state Republicans before the November midterm elections.

US-Canada trade talks collapsed after last-minute pressure from Commerce Secretary Howard Lutnick, according to people familiar with the matter, leaving President Donald Trump to impose new tariffs and Canadian Prime Minister Mark Carney vowing retaliation.