President Donald Trump’s trade deals are illegal, Piper Sandler flatly declares in a new research note. The investment bank analyzed ongoing court battles and legislative authority, and concluded that Trump’s reliance on the International Emergency Economic Powers Act (IEEPA) to impose wide-ranging tariffs and cut bilateral deals far exceeds the powers granted by Congress.

Pakistani Foreign Minister Ishaq Dar said on Friday the United States and Pakistan were "very close" to a trade deal that could come within days, but comments from the U.S. after Dar met with Secretary of State Marco Rubio mentioned no timeline.

Trump said the U.S. will impose a 15% tariff on Japanese imports under the agreement, which he hailed as "maybe the largest deal in history."

The deal imposes 15% tariffs on Japanese cars and other goods, one of the more favorable rates. While the start date and other basic elements are still unknown, Treasury Secretary Scott Bessent warned this week that the US would monitor implementation and bump the rate up to 25% if Trump isn’t satisfied.

Nearly every member of the European Union supports a plan to hit back against President Trump’s tariffs if no agreement is reached.

In the tariff dispute with the European Union, US President Donald Trump currently sees the chances of reaching an agreement at around 50%. "I would say that we have a 50-50 chance, maybe less than that,

The New York Yankees made their first big addition on Friday afternoon. Now, they can turn all their attention toward adding a talented starting pitcher.

The August 1 tariff deadline approaches and with it we have had a few trade deal announcements which came out this week.