Ryanair, Boeing's biggest European customer, said it could delay deliveries of some 737 MAX aircraft as it holds out for a trade deal between the U.S. and the European Union. The airline, Europe's biggest by passenger numbers,

Trump has escalated his demands on the EU following weeks of negotiations over a possible framework deal, the Financial Times reported.

U.S. officials told European Union negotiators last week that further concessions are likely to be demanded to get a deal over the line, The Wall Street Journal reported Monday.

If 30% tariffs are confirmed, and assuming no countermeasures from the EU, Italy's GDP would take a 0.25% hit this year, rising to 0.59% in 2026 and 0.82% in 2027, Confindustria's research unit said.

Commerce Secretary Howard Lutnick expressed confidence Sunday that the Trump administration will cut trade deals with key U.S. trading partners in the coming weeks — before steep tariffs kick in for dozens of countries.

President Trump has threatened to slap a 30% tariff rate against the EU and a flurry of customized tariff rates on other countries that fail to cut a new deal with him.

President Donald Trump's announcement of 30% tariffs on the European Union will have repercussions for companies and consumers on both sides of the Atlantic.

Gulf stocks held their ground as investors weighed upbeat corporate earnings against lingering uncertainty over U.S. trade policy, after reports that Washington is pushing for a minimum 15% to 20% tariff in any deal with the European Union.

President Donald Trump has posted two new letters on his social media platform announcing tariffs on the European Union and Mexico.