The U.S. has sanctioned Myanmar's military junta and refused to acknowledge its rule, so Mr. Trump's personal letter to its leader was welcomed, despite the subject.

EU Commission President Ursula von der Leyen announced that Brussels will delay retaliation against U.S. steel and aluminum tariffs as talks with Washington continue. President Trump disrupted months of negotiation,

The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals.

President Trump told Japan and South Korea Monday that they face a 25% “reciprocal” tariff if they fail to reach a trade deal by Aug. 1 — delaying what had been a July 9 deadline for talks. Tokyo and Seoul had faced the threat of 24% and 25% tariffs,

University of Michigan professor Justin Wolfers updated the "TACO" acronym and expressed his concern about what could be about to happen.

The United States plans to start sending letters Monday warning countries that higher tariffs could kick in Aug. 1.

The U.S. dollar has firmed up against its major counterparts, as sentiment toward the greenback improved due to its safe-haven appeal amid the ongoing tariff uncertainties. The U.S. Dollar Index edged up 0.