Trump and EU delay new auto tariffs in talks to ease trade war
President Trump and European Commission President Juncker announced to pause new tariffs as talks begin to remove barriers between the United States and the European Union. They vowed to pursue zero tariffs on non automotive goods while continuing steel and aluminum disputes, with U.S. auto makers hoping for relief.
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Kasich slams policy's damage to farmers at Ohio State Fair
Ohio Governor Kasich opened the State Fair blasting President Trump's tariffs on allies, calling the farm aid plan and tariffs misguided. He warned farmers face ongoing profitability woes as USDA unveils a 12 billion support program while China remains a major buyer of Ohio soybeans.
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Markets rebound as tech leads on trade progress and earnings
The Nasdaq closed at a record high as tech shares surged and sentiment improved on talks between President Trump and an EU delegation to avoid a trade dispute. S&P 500 and Dow gained with health care and industrials also rising while homebuilders fell on weak June housing data.
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