The Commerce secretary suggested on CNBC's "Squawk Box" that President Trump has repeatedly rejected potential deals in pursuit of better terms for the U.S.

President Donald Trump is set to hold trade talks with President of the European Commission Ursula von der Leyen, days before the Aug. 1 tariff deadline.

The Commerce secretary suggested on CNBC's "Squawk Box" that President Trump has repeatedly rejected potential deals in pursuit of better terms for the U.S.

The U.S. and China had agreed to pause most of the sky-high tariffs on each others' goods amid trade negotiations – but that pause is set to expire in August.

Asia-Pacific markets are expected to fall as U.S. Commerce Secretary Howard Lutnick affirmed that President Donald Trump's upcoming Friday deadline to impose major tariffs on a…

The much-anticipated U.S.-China trade talks in Sweden turned out to be a letdown after it concluded Tuesday with no trade truce extension.

The White House has said any country that does not agree to new terms of a trade deal with the U.S. by Friday will face the tariff rates Trump initially announced in April.

The U.S. has managed to make only eight deals in 120 days, including one with the 27-member European Union.

The US president has been at pains to promote agreements clinched with trading partners, but many still face the prospect of no deal and high tariffs

President Donald Trump's suspension of reciprocal tariffs ends Friday and the United States has only managed a small portion of his goal for new trade deals.