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Under its current terms, the deal would allow U.S. buyers to import Mexican steel duty-free as long as they kept total shipments below a level based on historical trade volumes.

The national average diesel price bumped up 2 cents to $3.471 a gallon, according to U.S. Energy Information Administration data released June 10.

The Senate is considering a plan to save a lucrative tax credit for hydrogen production that would be scrapped under the tax-and-spending bill passed by the House, key Republicans said.

The U.S. sees domestic crude production declining next year for the first time since 2021 in a blow to President Donald Trump’s push for American energy dominance.

Marelli Holdings, the struggling auto parts supplier for Nissan and Stellantis, plans to seek Chapter 11 bankruptcy protection in the U.S. to slash its debt burden and restructure.

The World Bank on June 10 cut its forecast for global growth this year and warned that the 2020s are on track for the weakest performance for any decade since the first Apollo moon landing.

The U.S. and China resumed talks into a second day in London, with financial markets on edge as the world’s largest economies try to agree to allow exports of key tech and industrial goods.

Trade talks between the U.S. and China will continue into a second day, according to an official, as the two sides look to ease tensions over shipments of technology and rare earth elements.

Senate Republicans intend to propose revised tax and health care provisions to President Donald Trump’s $3 trillion signature economic package, shrugging off criticism by Elon Musk.