Two brothers who own a Fort Worth metals firm announced Monday they have acquired Tulsa fabrication and cutting firm First Process Steel Inc. for an undisclosed sum.

President Trump is reportedly pushing for higher blanket tariffs on imports from the European Union, throwing a wrench in negotiations ahead of an Aug. 1 deadline for sweeping duties to take effect.

Yahoo Finance provides live updates on Trump's tariffs, including his threat to set unilateral tariff rates within weeks.

Get the Fed's Balance Sheet results in real time as they're announced and see the immediate global market impact.