The United States and European Union on Thursday released new details of their trade agreement, including tariff levels for consumer staples like pharmaceuticals and autos. Prior to the agreement last month,

The EU-US trade agreement is poised to cut the US import tax on cars from the EU from 27.5% to 15%. However, details released Thursday reveal that the lower rate won’t take effect until the EU takes separate action to reduce its own tariffs on US goods.

The United States and the European Union on Thursday locked in a framework trade deal reached last month that includes a 15% U.S. tariff on most EU imports, including autos, pharmaceuticals, semiconductors and lumber.

The White House's abrupt move to double duties on Indian goods over its Russian oil purchases came with little warning and no clear path forward.

White House trade adviser Peter Navarro said Thursday that he doesn’t expect President Trump to extend the timeline on doubling tariffs on India as a penalty for buying Russian oil beyond next week. Trump is set to hit India on Aug.