China's commerce minister says the country has reached a 'soft landing' with the European Union regarding electric vehicle tariffs.

Iran bans steel exports, CGTN Africa reports.

Iran has banned steel exports, according to a report.

GM raises adjusted-profit guidance after Supreme Court rejects Trump's emergency tariffs, reducing costs.

General Motors raised its adjusted-profit guidance after the Supreme Court rejected President Trump's emergency tariffs, reducing costs for the carmaker.

Iran bans export of steel products including hot-rolled sheets, cold-rolled sheets, and coated materials - reports. Customs executive instruction prohibits wide range of steel exports.

Iran's customs authority has issued an executive instruction prohibiting the export of all types of steel slab, hot and cold rolled sheets, tin-plated sheets, coated sheets, galvanized sheets, colored sheets, as well as hot and cold strips, tin-plated strips, and galvanized strips.

The Bank of Japan keeps interest rates unchanged in a split vote. Governor Kazuo Ueda cites concerns over the economic outlook as the yen remains weak.

The Bank of Japan maintained its current interest rate following a split vote, while Governor Kazuo Ueda expressed uncertainty regarding the economic outlook.