The drug is also prescribed for Parkinson's disease

South Korea has avoided the highest rates, but Brazil, India now face significant new duties

Despite Trump's "medieval" view, global trade continues to expand

Federal Reserve defies Trump, keeps rates unchanged, facing growing dissent

Trump added that an additional unspecified "large sum of money" will be invested by Seoul.

US economic growth is expected to rebound in the second quarter, analysts said, in a momentary comeback reflecting trade shifts as companies tried to avoid the harshest of President Donald Trump’s wide-ranging tariffs.

New Delhi responds to US tariffs

Trump told reporters his administration will notify some 200 countries soon

The world's biggest economy is anticipated to expand at an annual rate of 2.5 percent in the April to June period

China, Vietnam and Bangladesh accounted for more than half of US apparel imports from January through May this year

In July, the White House set the pillars of its economic strategy: a 15  baseline tariff on key trading partners and gutting corporate and income taxes.

Based on progress made so far, Bangladesh hopes for a positive outcome

Thailand is ready to negotiate and its proposal remains the same, Finance Minister Pichai Chunhavajira told reporters

Traders are also keeping an eye on US talks with other major economies, including India and South Korea

European Union trade negotiators may promptly celebrate the success they have achieved by clinching a deal with Donald Trump. If so, the question should be: If that passes for success, what would failure have looked like?

Dhaka Chamber, Sanem jointly organise discussion on industrial sector’s energy efficiency

EU, US avert trade war; markets rally on global deal hopes

US intensifies tariff talks as August 1 deadline looms

Investors were also gearing up for a busy week of data, central bank decisions and earnings from some of the world's biggest companies.

Talks between the world's top two economies are slated to happen over two days in the Swedish capital Stockholm