Nearly every member of the European Union supports a plan to hit back against President Trump’s tariffs if no agreement is reached.

Investors are hopeful a potential trade deal between the U.S. and European Union could bring more certainty to markets ahead of next Friday's tariffs deadline.

This week's U.S. trade agreement with Japan could provide a framework for a pact with the European Union, experts say.

Japan's trade agreement with the U.S. could serve as the benchmark for many other deals currently being negotiated with Washington, and the global economy could just about support the 15% level agreed overnight,

Australia should accept compromises to reach a trade deal with the European Union and demonstrate that such agreements can still be reached in a more protectionist world, Trade Minister Don Farrell said on Friday.