US economy

Trade chief Maros Sefcovic said the EU is "ready to defend" its interests after Trump threatened 50% tariffs on the bloc.

The move threatens significant volatility in the coming weeks, ahead of a crucial G7 summit in Canada next month.

There has been a long debate over the cost and usefulness of one cent coins in the US.

Some analysts question whether the amount of investment will ultimately be that high.

Borrowing costs for long-term US government debt jumped past 5% for the first time in 18 months, before retreating.

The US currently has no high-speed rail services, but two are under construction, and more planned.

Businesses are moving ahead with shipments, as the deal to reduce tariffs raises hopes over the economic outlook.

As the president goes to Saudi Arabia, Qatar and the UAE he wants them to buy more from the States.