(Want to get this briefing by email? Here’s what you need to know:A trade deal we’ve seen before• The agreement with the European Union that President Trump announced this week would lower tariffs and other trade barriers, reduce bureaucratic roadblocks and end conflicting regulations for drugs and chemicals. The U.S. was pursuing much the same approach under President Barack Obama, through a deal that Mr. Trump shelved last year. The U.S. gross domestic product grew at an annual rate of 4.1 percent in the second quarter, the Commerce Department reported today. But most economists expect growth to slow in the second half of the year.

Source: New York Times July 27, 2018 09:28 UTC