US decides against renewing USMCA, shifting to rolling talks instead of a formal renewal of the trilateral trade agreement.

Apple in talks with Trump administration on chip procurement while simultaneously discussing memory chip purchases from Chinese manufacturers

Apple in talks with Trump administration on chip procurement while simultaneously discussing memory chip purchases from Chinese manufacturers.

Senior U.S. official says USMCA failed to cut trade deficit or deliver market access in Canada and Mexico; USTR consulting Congress on further changes, negotiations possible

A senior U.S. official says USMCA failed to reduce the U.S. trade deficit or deliver market access in Canada and Mexico, that Trump has already altered USMCA under new tariff policies, and that USTR will continue consulting Congress and the public on further changes with negotiations possible.

Mexico proposes reducing Section 232 steel and aluminum tariffs through regional coordination with the U.S. to address foreign dependence concerns.

Mexico said it is working with the U.S. to address concerns over foreign dependence and has proposed reducing Section 232 steel and aluminum tariffs through regional coordination.

China's CMRG restricts some steelmakers from taking delivery of certain portside Fortescue iron ore products from July 15, sources say, potentially affecting commodity flows between the world's top iron ore buyer and a major Australian supplier.

China's CMRG restricts some steelmakers from taking delivery of certain portside Fortescue iron ore products from July 15, sources say.