This Sunday, President Donald Trump and European Commission President Ursula von der Leyen will meet in Scotland to discuss potential trade agreements. With looming tariffs and a significant trade deficit at stake,

"Other trading partners observing these threats will have the same mistrust of the negotiation process," experts argue.

U.S. stock futures moved slightly higher Friday, positioning Wall Street for a positive week driven by solid corporate earnings and optimism surrounding trade agreements ahead of the Trump administration’s August tariff deadline.

As the tariff pause ends, the Trump administration should pivot to a more targeted and strategic policy that minimizes domestic harm.

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

President Donald Trump on Tuesday said a trip to China might be “not too distant,” raising prospects that the leaders of the world's two largest economies may meet soon to help reset relations after moving to climb down from a trade war.