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The extension was announced Aug. 6 by the Ministry of Commerce. China is the world’s top buyer of the meat, which means its imports are tracked closely by the global market. 

U.S. auto safety regulators granted an exemption to federal vehicle safety standards for purpose-built driverless cars made by Zoox, the Transportation Department said in a statement.

Days after the engine's first showcase at ATA's TMC 2025 annual meeting, the Trump administration warned EPA regulations for heavy-duty trucks would be reassessed, with rollback likely.

An additional 25% tariff was tacked on India for its purchases of Russian oil.

The tax package that President Donald Trump signed into law last month included a rule change that attacked what’s been an important source of revenue for Rivian and Tesla for years.

Canadian Prime Minister Mark Carney said he wants to maximize the impacts of retaliatory tariffs on the U.S. but minimize the pain for Canadian businesses.

Copper rose as traders digested President Donald Trump’s decision to spare the most traded form of the metal from his 50% tariff, while a mine accident in Chile raised supply concerns. 

Under the terms agreed with Washington, the 27-nation bloc faces a 15% U.S. tariff on most of its exports. That rate would also apply to cars rather than the current 25% level.

A top administration official signaled confidence that President Donald Trump’s trade plans will survive even if the sweeping global tariffs are ultimately deemed illegal.

At an average of 15%, the world is still facing some of the steepest U.S. tariffs since the 1930s, roughly six times higher than they were a year ago.