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Live Updates: Trump "not satisfied" with new peace deal offered by Iran as standoff's costs multiply CBS NewsIran offers Strait of Hormuz deal; Trump dissatisfied but prefers non-military path CNBCIranian proposal rejected by Trump would open strait before nuclear talks, Iran official says Reuters
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Iranian proposal rejected by Trump would open strait before nuclear talks, Iran official says ReutersIran Softens Conditions for Resuming Peace Talks With the U.S. WSJIran war latest: Trump rejects latest peace proposal FOX 32 ChicagoOil prices fall after Iran sends updated peace proposal to mediators in Pakistan
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The Supreme Court struck down Trump's "reciprocal" tariffs earlier this year, and Europe warned that its trade deal with Washington could be in jeopardy.
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Take part in a live Ask an Expert Q&A with our trade columnist on Thursday May 7 at 1pm (BST)
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The Federal Reserve's meeting this week was the most divisive in decades, a sign that President Trump's pick to lead the central bank will face opposition if he pursues substantially lower interest rates.
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