The U.S. and China have agreed to temporarily rollback on some tariffs. Adam Posen, president of the Peterson Institute for International Economics, puts today’s deal into context.

The U.S. and China have agreed to a trade deal, dropping U.S. tariffs against China from 145% to 30% for 90 days.

From the BBC World Service: There's been a thaw in U.S.-China relations, with a 90-day deal to ease their escalating trade war.

For high-end consumers, post-lockdown revenge travel never really stopped. For everyone else, there’s a lot of booking hesitancy right now.

From the BBC World Service: Yesterday, U.S. President Donald Trump unveiled an agreement that will open up the British market to some U.S. beef, among other things.

Specifics are still TBD, but the U.K. got a reprieve on auto, steel and aluminum tariffs, while the U.K. may open up to more U.S. agricultural products.

From the BBC World Service: President Donald Trump is expected to announce a tariff deal with Britain later today.

It makes sense for multinationals that do business in the Eurozone.

President Donald Trump has said he wants a “fair trade deal,” but the pressure created by sky-high tariffs might limit what can be accomplished at talks this week.

Cross-border business hauling for the automotive and agricultural sectors is way down.