President Trump’s threat to impose big charges — including 50 percent on the European Union — was in question after judges blocked his across-the-board levies.

Trump backed away from his threat to impose 50% tariffs on imports from the European Union next month, restoring a July 9 deadline to allow for talks between Washington and the 27-nation bloc to produce a deal.

French President Emmanuel Macron's Vietnam visit and Swedish automaker Volvo Cars' layoffs are both, in some ways, responses to Trump tariffs.

The storied sports car maker, which was facing challenges from China and slumping demand for electric cars, now has to grapple with tariffs from the Trump administration.

President Trump rejected claims he backed down on tariff threats, saying, “You call that chickening out? It’s called negotiation,” and credited his actions with improving trade talks with the European Union.