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

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.

Britain's Prime Minister Keir Starmer and Indian Prime Minister Narendra Modi have sealed a major trade agreement that will reduce tariffs on products like Scotch whisky and Indian spices. This is a photo gallery curated by AP photo editors.

President Donald Trump said Tuesday he and President Ferdinand Marcos Jr. of the Philippines have reached a trade agreement. Shortly after, he also revealed more detailed terms of an agreement with Indonesia.

WASHINGTON: Deputy Prime Minister and Foreign Minister Ishaq Dar said on Friday he was optimistic that Pakistan and the United States were just days away from finalising a trade agreement,

Indian Prime Minister Narendra Modi arrived in London on Wednesday evening ahead of meetings with UK Prime Minister Keir Starmer.

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.

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