Gold futures start the short week with sharp losses, returning all gains made in Friday's rally, although the metal remains up more than 25% YTD. Gold surged Friday after President Trump said he was hitting the European Union with a fresh 50% tariff,

The European Union won a pause from President Donald Trump’s threatened 50 percent tariffs.  However, Reuters said it’s not certain yet how the EU will push for a beneficial trade deal while Washingto

European markets and U.S. futures jumped early Tuesday following a weekend trade truce between the E.U. and U.S. after Trump’s threat late last week to tack on 50% imports from the trading bloc.

A new Trump tariff threat targets a bloc of 27 countries that add up to the largest U.S. trade partner.

The United Arab Emirates does not see bilateral talks for a free trade deal with the European Union as an obstacle to a similar agreement between the 27-nation bloc and the Gulf Cooperation Council, the UAE's trade minister said on Wednesday.

European companies are cutting costs and scaling back investment plans in China as the economy slows and fierce competition drives down prices.

The European Union and the US signaled a willingness to end a stalemate and work toward a trade deal over the next six weeks, in the first major thaw in their frigid economic relations since President Donald Trump’s second term began in January.

Trump’s tariffs and the trade war continue to impact global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.