The 15% tariff would be lower than previously threatened but remains a high duty on America’s largest trading partner.

In remarks before the session, Trump pledged to change what he characterized as “a very one-sided transaction, very unfair to the United States.” “I think the main sticking point is fairness,” he said while also noting,

The South China Morning Post, a Hong Kong-based English-language newspaper, reported on Sunday that "Beijing and Washington are expected to extend their tariff truce by another three months at trade talks in Stockholm beginning on Monday,

The EU is ready to counter with tariffs on $140 billion worth of US goods if no deal is reached. Read more at straitstimes.com. Read more at straitstimes.com.

Commerce Secretary Howard Lutnick joins 'Fox News Sunday' to weigh in on President Donald Trump's tariff plan, a potential EU deal and requirements for TikTok to remain in the U.S. through American ownership.

US President Donald Trump and European Commission chief Ursula von der Leyen met in Turnberry, Scotland, on Sunday to discuss trade with Trump saying a trade deal between the two was "was 50-50"