U.S. Sen. David McCormick says an arrangement for Japan-based Nippon Steel to invest in U.S. Steel will guarantee an American CEO, a majority of U.S. board members and U.S. government approval over certain corporate functions.

President Donald Trump said on Sunday that the United States will have control over U.S. Steel as part of the company's partnership with Japanese firm Nippon Steel. As part of the deal announced on Friday,

After more than 17 months of lobbying and close-fought negotiations to secure control of United States Steel Corp., Japan’s Nippon Steel Corp. appeared on Friday to have received a presidential blessing.

The United States and the European Union have agreed to "fast track" negotiations after President Donald Trump decided to pause 50 percent tariffs on imports from the EU next month. Trump spoke with EU President Ursula von der Leyen this weekend and opted for a July 9 deadline to allow for negotiations.

European shares have opened higher and U.S. futures also surged after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9

The European Union is expediting trade negotiations with the United States following President Donald Trump's threat of new sanctions. With a potential 50% tariff on European imports looming, the EU is under pressure to reach an agreement by July 9.

Apple increased its exports of iPhones from India to the United States in April, with industry data showing a 76 percent increase compared to previous months. The jump came amid President Donald Trump's threats of a 25 percent tariff on iPhones made outside the U.

Apple Inc. shares are coming off their longest selloff in more than three years, as escalating attacks from the White House threaten to further erode the company’s profit outlook, suggesting the stock’s struggles this year are far from over.

White House economic adviser Kevin Hassett sidestepped a question on Tuesday about President Donald Trump’s tariff threats against Apple iPhones. Trump threatened Apple with 25% tariffs unless the company starts making their iPhones in the United States.