The EU is preparing countermeasures in case of a no-deal scenario. Talks of a potential deal have however also been heating up this week. Brussels is preparing for a no-deal scenario as uncertainty persists about if and when a trade agreement between the European Union and U.S. will materialize.

President Donald Trump's five-day Scotland visit includes checking in on his Turnberry and Aberdeen golf resorts while furthering discussions on the Economic Prosperity Deal between the U.S. and U.K.

Investing.com - U.S. stock futures edged higher Friday, with Wall Street on course to register a winning week on generally healthy earnings as well as optimism over likely trade deals ahead of the Trump administration’s August deadline.

The trade pact with Brussels will be similar to the one agreed with Japan earlier this week, according to The Wall Street Journal.

The agreements have been overshadowed by U.S. firms issuing warnings about how the tariffs will affect their bottom lines and prolong uncertainty in the U.S. economy.

He is raising tariffs on some of America’s most important trading partners, and the world is largely cheering the agreements as victories.

President Trump says he reached a trade agreement with the Philippines following a White House visit by its president. The U.S., the Philippines and other Asian allies are increasing their cooperation to counter China,

The Transportation Department has announced a series of actions against Mexico for violating a years-old agreement for violating a bilateral anti-competitive trade pact.