President Donald Trump and other officials have been formally rolling out the trade deal with the U.K., confirming details such as the 10% U.S. tariff on U.K. goods remaining in place. Trump said other countries shouldn't view the 10% tariff as a template,

The European Commission said in a press release it's launched a consultation for retaliation on 95 billion euros ($107 billion) of U.S. goods if talks with the U.S. do not succeed. Bloomberg News had previously reported that Europe was prepared to make such a threat.