Q: Is it true that if President Donald Trump hadn’t defunded the National Weather Service, the death toll in the Texas flooding would have been far lower or nonexistent?

EDINBURGH, Scotland -- The United States and the European Union agreed on Sunday to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher import duties on both sides that might have sent shock waves through economies around the globe.

European shares pulled back from a four-month high and settled Monday's choppy session marginally lower as investors weighed the implications of a framework trade agreement between the United States and the European Union.

A provisional deal between the United States and European Union to exempt aircraft from tariffs avoids a potential threat to jet production and deliveries in both regions and caps months of uncharacteristic unity among plane-making rivals.

Wall Street is coming off a winning week fueled by strong earnings and recent deals between the U.S. and its trading partners.

The euro’s fall accelerated on Monday as investors bet that the EU-US trade deal would hurt the European economy’s already lacklustre growth. The single currency was down 0.7 per cent against the dollar at $1.

President Donald Trump is set to meet Sunday with European Commission President Ursula von der Leyen to continue talks on a trade deal. Ahead of that meeting, policy analysts say that any agreement on trade must include the removal of non-tariff regulations and digital service taxes that largely target U.