Whether President Donald Trump will renegotiate the country’s trade agreement with Mexico and Canada remains to be seen, but the threat is already affecting commerce on the border.

European Commission President Ursula von der Leyen will meet US President Donald Trump in Scotland on Sunday, as the EU and US edge closer to sealing a key trade agreement. The deal could impose a 15% tax on EU imports and 50% duties on steel and aluminium.

Since the April 2 rollout, the US Treasury has collected $64 billion in customs duties, or roughly $70 million a day through June 30.

WASHINGTON (Reuters) -Pakistani Foreign Minister Ishaq Dar said on Friday the United States and Pakistan were "very close" to a trade deal that could come within days, but comments from the U.S. after Dar met with Secretary of State Marco Rubio mentioned no timeline.

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.

Indian Prime Minister Narendra Modi on Friday announced a $565-million line of credit to the Maldives during a visit to the Indian Ocean archipelago, as the two countries launched formal talks for a free-trade agreement.

Wall Street's main indexes were higher on Friday after EU officials signaled that a framework trade deal with the U.S. could be signed as soon as this weekend, while Intel tumbled following a disappointing forecast.

India was unable to secure an exemption from the UK’s carbon tax in the free trade agreement, signed on Thursday, a move that will impact India’s carbon-intensive exports to Britain, think tank GTRI said on Friday.