LONDON—President Trump and European Commission President Ursula von der Leyen are scheduled to meet Sunday during the U.S. president’s visit to Scotland, raising hopes that the U.S. and Europe are close to a trade deal that would avoid a trans-Atlantic trade war.

WASHINGTON/TOKYO (Reuters) -The United States and Japan struck a deal to lower the hefty tariffs President Donald Trump threatened to impose on goods from its Asian ally that included a $550 billion package of U.S.-bound investment and loans from Tokyo.

He’s a wheeler-dealer, our president, needless to say, and he’s kind of cutting these deals — but he has scared these people, and he’s leveraged American bargaining

The Japanese government, not companies, is poised to back U.S. infrastructure projects of the president’s choosing.

The investment bank thinks a 9-0 ruling against Trump is likely. That doesn't mean the tariffs will just go away.

A 15% tariff on Japanese imports could impact Hawaii businesses and consumers, affecting everything from electronics to industrial machinery.

U.S. stocks are rising toward another record following a trade deal between the world’s No. 1 and No. 4 economies.