International Trade

U.S. exports of coal used by power stations are set to hit a record this year on increased global demand for the nation’s high-energy-content fuel.

Leaders from virtually every major Asian power will join European Union heads of government for a summit in Brussels to discuss trade in October, as they plot their responses to U.S. President Donald Trump’s tariff offensive.

The Trump administration will propose raising to 25 percent its planned 10 percent tariffs on $200 billion in Chinese imports, a move that would ratchet up pressure on Beijing to return to the negotiating table, three people familiar with the internal deliberations said.