US and EU reach trade deal
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The United States and the European Union agreed on Sunday to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher import duties on both sides that might have sent shock waves through economies around the globe.
Donald Trump has returned to his golf course in Turnberry, Scotland, for a round before discussing trade with European Commission chief Ursula von der Leyen.
President Donald Trump will meet with British Prime Minister Kier Starmer on Monday as he wraps up a Scotland trip that resulted in a trade deal with the European Union. NewsNation’s Tom Dempsey has the report on “Morning in America.
Trump had most recently threatened tariffs of 30% on imports from the European Union. But on Sunday, he met with the president of the European Commission, and they agreed to a lower level.
President Trump will conclude his four-day trip to his ancestral homeland of Scotland on Tuesday. The final engagement on Trump’s official schedule before his return is the opening of a new golf
London's main stock indexes inched higher on Monday as investors assessed a trade deal between the United States and the European Union.
During his visit to Scotland, President Donald Trump has so far struck a trade deal with the European Union, helped negotiate a cease-fire between Thailand and Cambodia, met British Prime Minister Sir Keir Starmer, and warned Vladimir Putin that his patience is running out over the war in Ukraine.
Protesters gathered in front of the U.S. consulate in Edinburgh to oppose President Trump's visit to Scotland. Mr. Trump plans to host the U.K.'s Prime Minister Keir Starmer and the President of the European Union,
London's main stock indexes closed lower on Monday, pressured by industrial shares, while investors assessed a U.S.-EU trade deal along with economic data. The blue-chip FTSE 100 reversed earlier gains with a 0.