Tariffs are taxes charged on goods bought from other countries. Typically, they are a percentage of a product's value. So, a 15% tariff means that a $100 product imported to the US from the EU will have a $15 dollar tax added on top - taking the total cost to the importer to $115.

The U.S. and the European Union have reach an agreement that promises to avert an all-out trade war. The market is now reacting to the news.

Cheniere Energy shares were higher ahead of today's session following a trade deal between the U.S. and the European Union.

Donald Trump has returned to his golf course in Turnberry, Scotland, for a round before discussing trade with European Commission chief Ursula von der Leyen. Both sides are seeking an