The European Union is “ready to negotiate” with the United States after President Trump issued sweeping tariffs last week, European Commission President Ursula von der Leyen said at a press

European Commission President Ursula von der Leyen said the European Union is "ready to negotiate" with President Donald Trump over the latest tariffs.

Europe has “a strong plan” for striking back at the United States in response to Donald Trump’s tariff hikes “if necessary,” a top official said Tuesday on the eve of a long-anticipated announcement of massive import levies by the US president.

Trump has described the tariffs as "reciprocal," saying the steep toll will correct a grievance he's held for "35 years:" that the U.S. is being "ripped off" by trade imbalances. The president has claimed the tariffs will prompt countries to try to negotiate a deal with the U.

The White House is sending mixed messages on tariffs as it pursues conflicting goals, and Senators on Capitol Hill are responding to concerns over tariffs and volatile markets.

President Donald Trump said Sunday that he won't back down on his sweeping tariffs on imports from most of the world unless countries even out their trade with the U.S.

President Donald Trump is imposing tariffs on the world at will, spooking markets and straining alliances. When China announced retaliatory tariffs on US products, Trump made the unilateral decision to double down.

U.S. President Donald Trump threatened to further increase tariffs on China on Monday, raising the possibility of further escalation in a trade war that has already wiped trillions of dollars from global markets.

The markets have been up and down today amid uncertainty over President Trump's tariffs. Now other countries are weighing their response to the tariffs and Elon Musk is calling for a zero tariff situation.