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President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties on Aug. 1.

Italian truck maker Iveco Group NV has attracted takeover interest from India’s Tata Motors Ltd., people familiar with the matter said.

The Commerce Department imposed preliminary antidumping duties of 93.5% on Chinese imports of graphite, a key battery component.

The EU has finalized a second list of countermeasures to target U.S. goods worth $84 billion, including Boeing aircraft, automobiles and bourbon if it decides to retaliate against tariffs.

India doesn’t expect to receive a tariff demand letter — unlike many other nations this week — and anticipates the trade arrangement will be announced through a statement.

Unilever sold its Venezuelan ice cream business to truck dealer Mack de Venezuela, as a renewed bout of high inflation and political uncertainty hits the Andean nation’s private sector.

U.S. stockpiles of diesel products have dropped to the lowest for the time of year since 1996, while in Europe benchmark futures are signaling a tight market.

OPEC+ is discussing another 411,000 barrel-a-day production increase for August ahead of the group’s videoconference this weekend, according to delegates who asked not to be identified.

President Donald Trump’s trade deal with Vietnam targets practices China has long used to skirt U.S. tariffs: the shifting of production to Southeast Asia and the “origin washing” of exports.

China is increasingly wary about U.S. efforts to forge deals that could isolate Chinese firms from global supply chains.