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The Parliament’s trade committee postponed the vote indefinitely on Jan. 21, casting doubt on whether the pact will ever get across the finish line. 

The goal is to finalize a preliminary agreement that cuts U.S. levies on Swiss goods to 15% from 39%, which was the highest level among advanced economies.

Rattled by President Trump's aggression toward Greenland, the EU is readying countermeasures against the U.S., including the  “trade bazooka" touted by French President Emmanuel Macron.

U.S. military forces seized a seventh tanker near Venezuela on Jan. 20 as the Trump administration continues to pressure the South American country to halt its use of sanctioned ships.

The U.S. government plans to allow more trading companies beyond Vitol Group and Trafigura Group to purchase Venezuelan crude, a Trump administration official said.

Trump's threats have sparked outrage and a flurry of diplomatic activity across Europe, as leaders consider retaliatory tariffs and the first-ever use of the EU’s anti-coercion instrument.

The court is preparing to begin a four-week recess, and under its usual procedures for releasing opinions, the next potential day for a tariff decision is Feb. 20.  

Treasury Secretary Scott Bessent said Jan. 20 in an interview on Fox Business that Vice Premier He Lifeng confirmed to him that China has completed their soybean purchases.

President Donald Trump said he would charge a 10% import tax on goods from Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands and Finland because they oppose his Greenland threats.

President Trump said if Hassett were to leave the White House National Economic Council, it would deprive the administration of one of its most powerful messengers of the economy.