EU, Trump and trade deal
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The president struggles to shift the conversation away from Epstein as his supporters demand the release of files about the case.
Wall Street is coming off a winning week fueled by strong earnings and recent deals between the U.S. and its trading partners.
President Donald Trump and European Commission President Ursula von der Leyen met in Scotland on Sunday to iron out a US-EU trade deal. Without an agreement, the EU was due to get hit with a 30% tariff rate on Aug.
Trump's tariffs threaten to weaken the stability of the global trading system, explains economist Devashish Mitra.
President Donald Trump announced a trade agreement on Sunday with the European Union that would lower tariffs to 15%, ending what had been months of uncertainty surrounding trade with the United States’ largest trade partner.