While countries such as India and Vietnam have attempted to negotiate US tariffs of well below 20%, Trump has said he’s eyeing blanket tariffs of 15% to 20% on most trading partners. This suggests the 20% level is no longer perceived as a penalty but rather as a standard in the negotiations.

Toyota and Hyundai may have a beef with U.S. protectionism, but they have one thing in common with Trump: when it comes to global markets, it's America first for Asia's legacy automakers.

Batteries Plus CEO Scott Williams said the chain has reduced its reliance on Chinese suppliers for car batteries in order to minimize tariff costs.

U.S. President Donald Trump ratchet up tariffs on Chinese imports to a prohibitive level of 145%, spurring a round of stimulus measures from Beijing.

Imports to the busiest U.S. seaport in Los Angeles rebounded strongly in June, finishing up 10% versus a year ago and contributing to record total volume for the month, the port's executive director said on Monday.

European natural gas paused its rally, with traders watching key buyers in Asia where extreme heat is boosting demand for cooling, and US President Donald Trump’s rhetoric over Russia. Benchmark futures settled marginally lower after five days of gains.