The trade deal with European Union (EU) are yet to be finalised and the talks will continue in Scotland ahead of the August 1 deadline, Trump said

A slew of countries will face steep levies, including a 50% tariff on imports from Brazil and a 30% tariff on the European Union.

Wall Street analysts are betting hard against Trump’s trade agenda surviving in court. The lawsuits stacking up across the country are gunning straight for the legal base of his tariff powers. And they’re not just hoping to overturn a few decisions;

Trump did not share any fresh update on the trade pact with India. The negotiations between the two countries are yet to conclude.