During his Scotland trip, President Donald Trump opened a new golf course, met with British Prime Minister Keir Starmer and addressed Israel's conflict.

The economy was supposed to crumble. The trade war was expected to escalate out of control. Markets were forecast to plunge. None of that has happened. But Trump’s early trade victory may be short-lived.

President Donald Trump just wrapped up a meeting with U.K. Prime Minister Keir Starmer a day after announcing a new trade deal with the European Union.

Europe's carmakers, already battling stiff competition from Asia and a costly transition to electric cars, were dealing with another dose of reality on Monday - tariffs imposed by U.S. President Donald Trump.

White House officials are meeting Chinese officials in Stockholm this week to hammer out more details for a framework between the world’s two largest economies.

President Trump has announced a trade agreement with the European Union. CBS News' Olivia Rinaldi and Javier David have details on the deal.

Trump had most recently threatened tariffs of 30% on imports from the European Union. But on Sunday, he met with the president of the European Commission, and they agreed to a lower level.

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