President Donald Trump and his administration inked a major trade deal with the U.K. Thursday, and closed the week gearing up for trade talks with China over the weekend. Details of the specific trade plan with the U.

An eighty percent "tariff on China seems right! Up to Scott B," the president posted, seemingly leaving the decision up to his Treasury secretary.

Key Takeaways The U.S. and U.K. announced a trade deal framework on Thursday, boosting Wall Street's hopes for more deals to come. U.S. and Chinese officials are scheduled to meet in Switzerland this weekend to hold their first talks since the beginning of a tit-for-tat trade war that White House officials have compared to an embargo.

Good morning. Donald Trump hails a “breakthrough” trade agreement with the UK. Elon Musk fires back at OpenAI’s charge of sabotage. And Bill Gates vows to give away 99% of his fortune—sooner than planned.

President Donald Trump said the trade agreement with the UK would eliminate many tariffs that "unfairly discriminated against American products."