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.

CHINA TRADE TALKS: Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer, meanwhile, are meeting with Chinese officials in Stockholm, Sweden, today for another round of trade talks ahead of an Aug. 12 deadline for steep tariffs on both U.S. and Chinese goods to go into effect.

The dollar rose against the euro and yen on Monday as markets were buoyed by a trade agreement between the U.S. and the EU, which brought some market certainty and averted a global trade war.

United States President Donald Trump is holding showdown talks with European Commission President Ursula von der Leyen in an effort to avoid a costly trade war.

President Donald Trump is meeting Sunday with European Commission chief Ursula von der Leyen, taking a break from golfing in Scotland to discuss trade as both sides seek an agreement on tariff rates with the White House's deadline to impose stiff import taxes looming this week.

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy. Here is a timeline of the major developments: February 1 - Trump imposes 25% tariffs on Mexican and most Canadian imports and 10% on goods from China,