The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.

Balancing economic interests and security concerns, European officials said they got the best deal possible with President Donald Trump, but critics said Brussels ceded to pressure.

US President Donald Trump says "a lot" of his trade agreement with the UK will be of benefit to Scotland. Following a meeting with Prime Minister Sir Keir Starmer, Trump said he wanted to see Scotland "thrive". The two met at Trump's golf resort in South Ayrshire on the third full day of the US president's private visit to Scotland.

That statement came some 12 hours after Trump announced an agreement Sunday with the European Union that would see a 15% tax paid on products brought into the United States from the bloc. The E.U. also agreed to spend $750 billion on energy purchases from the U.S., while investing an additional $600 billion here.

Trump’s statement comes a day after he announced a trade deal with the EU, which would see a 15 per cent tariff imposed on most European goods being exported to the U.S.

Top trade officials from China and the United States have launched a new round of talks aimed at easing tensions over tariffs.

Behind closed doors, there is anxiety. A delegation of U.S. negotiators is expected to land in New Delhi by mid-August, a timeline that overshoots Trump’s deadline.

US President Donald Trump has hinted at imposing a new tariff of up to 20 per cent on Australia and other nations. The 90-day pause in the 'reciprocal tariffs' will expire on August 1, with many of the USA's trading partners including Australia currently hit with a 10 per cent tariff.

First Minister John Swinney has vowed to speak out about whisky tariffs as the president's Scottish trip ends.

The preliminary deal imposes 15 percent tariffs on most E.U. goods, averts a trade war and leaves many details unresolved, including on wine and spirits. Here are industries on the line.