Donald Trump’s plan to realign global trade faces its latest legal barrier this week in a federal appeals court — and Canada is bracing for the U.S. president to follow through on his threat to impose higher tariffs.

The U.S. and China have reached an agreement — again — to deescalate trade tensions. China is making it easier for U.S. companies crucial magnets and rare earths materials.

July 24 (UPI) -- Britain and India agreed to a free trade agreement between their two nations Thursday.

India's new free trade agreement with the UK, the CETA, introduces tariff concessions on numerous British goods such as pastries and cosmetics. Sensitive sectors are excluded to protect domestic industry.

PM Modi UK Visit FTA News Today (July 24): Prime Minister Narendra Modi has embarked on a two-day state visit to the United Kingdom, aimed at deepening strategic and economic ties between the two nations. PM Modi UK Visit LIVE: UK’s India-UK-Maldives engagement to boost exports, says exporters’ body

India has signed a landmark free trade agreement with the UK, marking a new phase in bilateral economic ties. The government aims to use this momentum to secure future deals with the US and other key partners.

Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.

CIM Goyal said the India-UK CETA is a gold standard of trade deals done by India, however, he added that no two trade deals can be the same, implying that the India-US deal is "fast progressing" but may take some more time.