President Donald Trump is meeting with United Kingdom Prime Minister Keir Starmer in Turnberry, Scotland, this morning to discuss trade. The U.S. and United Kingdom reached an agreement on tariffs in May. Yesterday, Trump announced a trade deal with the European Union that would set tariffs at 15% for U.S. imports of most European goods.

Several European Union officials responsible for negotiating Sunday’s trade agreement with the US think the deal they hammered out was the least-bad option available to the bloc, according to people familiar with their thinking.

Europe's carmakers, already battling stiff competition from Asia and a costly transition to electric cars, were dealing with another dose of reality on Monday - tariffs imposed by U.S. President Donald Trump.

France denounced the trade agreement between the European Union and the U.S. as a "submission" on Monday though other EU states largely backed a deal they acknowledged was lopsided but which averts an economically damaging trade war with Washington.

The euro extended its falls throughout European trade after the U.S.-EU trade agreement, and it risks falling further if U.S. jobs data on Friday supports the dollar.

On “This Week,” ABC News’ Senior Political Correspondent Rachel Scott reports on President Trump’s visit to Scotland to meet with UK PM Keir Starmer and recap Trump’s visit to the Fed building.