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EU lawmakers vote to hold up Mercosur trade agreement over legal concerns AP NewsEU lawmakers vote to launch legal challenge to Mercosur trade deal ReutersEuropean Parliament freezes Mercosur deal, referring it to EU Court of Justice Euronews.comTrump's army of farmers EuractivBy the numbers: Mercosur trade deal splits EU Parliament in half politico.eu
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The food giant is in the process of unraveling its 2015 merger between Kraft Foods and Heinz, as it intends to split into two publicly traded companies.
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China doubled down its rhetorics on the trade agreement between Taiwan and the U.S., saying it would benefit Washington while eroding the island's strategic advantages.
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Stock futures are little changed after S&P 500 and Dow notch worst day since October: Live updates CNBCOpinion | Europe Has a Bazooka. Time to Use It. The New York TimesTrump's tariff threats spark new fears of 'Sell America' trade Politico'This is sell America' — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets CNBC
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The "Sell America" trade made a comeback on Tuesday following President Donald Trump's latest tariff threats against European allies, giving investors a taste of the volatility that rocked global markets in April.
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Global markets on alert as Europe to suspend approval of US trade deal BBCDow tumbles more than 850 points and dollar slides over Greenland and tariff threats CNNTrump's Greenland tariffs could squeeze Hill Republicans Politico'This is sell America' — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets CNBC
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Dalio said history offers multiple examples of similar episodes in which economic conflict escalated beyond trade into capital flows and currency disputes.
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Dow slides 870 points, S&P 500 drops 2% for worst day since October on Trump tariff threat over Greenland: Live updates CNBCDow tumbles more than 850 points and dollar slides over Greenland and tariff threats CNNTrump Doubts Greenland Threats Will Spoil Trade Deal With Europe Bloomberg.comTrump's Greenland tariff threats could be upended by Supreme Court decision CNBC
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"The fear trade is absolutely on right now," one analyst says, as U.S. and European markets slump and Wall Street's "fear gauge" spikes.
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