Just as investors thought they could take a break from tariff scares, President Trump’s threats of new levies against the EU and Apple threw trade tensions back into focus ahead of a long holiday weekend.

Gold prices eased on Monday after U.S. President Donald Trump set a July 9 deadline for a trade deal with the European Union, rescinding his earlier threat of a 50% tariff from June 1. Spot gold was down 0.

“Our discussions with them are going nowhere!” he wrote, justifying his move to raise import levies. Trump’s tariff threats triggered broad market sell-offs in both the US and Europe on Friday, representing a renewed escalation in global trade ...

U.S. futures jumped Monday and Asian shares mostly fell after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9 from June 1. Trump announced the decision after a call Sunday with Ursula von der Leyen,

Stock markets across Asia edged higher on Monday, and the euro rallied after President Donald Trump abruptly extended by more than a month his threat to slap 50% tariffs on EU goods, marking another temporary reprieve as part of his erratic trade policy.

President Donald Trump threatened the European Union with 50 percent tariffs. More tariff turmoil: Trump is also waging war on Apple, threatening 25 percent tariffs if it doesn’t shift iPhone production to the United States — that could mean price hikes. Stock markets fell slightly with the news.