President Donald Trump's eventful week included securing a preliminary trade deal with China, deploying National Guard troops to Los Angeles, and responding to Israel's strikes on Iran.

UK Prime Minister Keir Starmer said there are no “hiccups or obstacles” remaining in the way of finalizing a trade deal with the US and indicated that an agreement would likely come soon.

Commerce Secretary Howard Lutnick said the European Union was tough to deal with, and securing a trade pact with the bloc would likely take longer than most other such deals. The EU "got a little reli

U.S. stocks closed lower as investors assessed little progress on trade talks, after jumping in the morning on a cooler-than-expected inflation reading. The Dow Jones Industrial Average fell 1 point to close at 42,865.77, while the S&P 500 Index lost 16.51 points to settle at 6,022.30. The Nasdaq Composite was down 99.11 points, 0.5%, to 19,615.88

Japanese top trade negotiator Ryosei Akazawa said he sought the possibility of a trade agreement with his US counterparts through detailed discussions in Washington, while giving no clue over whether the two nations’ leaders may announce a deal at an expected summit in the coming days.

The International Monetary Fund said on Thursday that its next global growth forecast in July will take into account both positive and negative trade developments but declined to predict a tariff-driven GDP downgrade similar to that released by the World Bank this week.