EU Commission President Ursula von der Leyen on Friday said she will meet U.S. President Donald Trump in Scotland on Sunday to discuss trade relations between the European Union and the United States.

President Donald Trump told reporters at the Glasgow airport in Scotland on Friday that he will meet with the European Union on Sunday as the U.S. looks to strike a trade deal with them. He reiterated comments from earlier in the day that the U.

European Commission President Ursula von der Leyen has said she will meet US President Donald Trump on Sunday, raising hopes the two will agree an outline trade deal and avoid a transatlantic trade war.

The S&P 500 and the Dow edged up in tepid trading on Friday as investors assessed President Donald Trump's latest comments on trade discussions with the European Union and his hints that a rate cut from the U.

President Donald Trump’s vows to roll out punishing new tariffs on Aug. 1 have barely made a ripple with investors who are convinced he’ll once again back down. But at the White House, officials insist they’re serious this time.

Von der Leyen and Costa attend a brief visit to a summit in Beijing to celebrate 50 years of diplomatic relations. Gradually, the high expectations for the summit between China and the European Union faded.