For more than 200 years, the São José Paquete d’Africa lay hidden off Cape Town’s shore. Its excavation in 2014 uncovered a tragic story of enslavement and commerce from the time of the trans-Atlantic slave trade.

Exports to the U.S. fell for the second consecutive month in May after a first-quarter boom, but remained higher than a year earlier.

DAX climbs as US-EU LNG deal lifts trade optimism. Focus shifts to US data and Fed rate outlook to guide near-term market sentiment.

The bloc’s trade commissioner says the two sides were close to a deal before the president last week threatened to impose a 30 percent levy.

Bloc’s trade commissioner Maroš Šefčovič said duties at that level would make transatlantic trading ‘almost impossible’

EU warns Trump’s proposed 30% tariffs would cripple transatlantic trade. Brussels prepares €72bn in retaliatory measures as negotiations enter final weeks.

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The International Monetary Fund has estimated the EU's own internal barriers to the free flow of activity are the equivalent of tariffs of 44% for goods and 110% for services. Mooted reforms such as creating freer cross-border capital markets have made little headway in more than a decade.

The EU threatens $84 billion in retaliatory tariffs on U.S. exports as the August 1 trade deal deadline with the Trump administration approaches, escalating transatlantic trade tensions.

Trade between the EU and the U.S. would become “almost impossible” if Donald Trump followed through on his threat to impose 30% tariffs, the EU’s trade commissioner warned on Monday.