Negotiators from the United States and Europe have finalized the details of a new trade deal, following last month's initial handshake agreement that helped both sides avoid a trade war. The backbone of the deal remains a 15 percent tariff on most European goods entering the United States, including pharmaceuticals, while high tariffs on European cars will persist until the European Union lowers its own levies on American products. Businesses across Europe have expressed muted relief, as the written agreement provides some certainty amid ongoing trade tensions.

The ripple effects of these tariffs are already being felt, with British cheese producers facing higher costs to export Stilton to the United States, and American small businesses struggling to adapt to the new trade landscape. Meanwhile, global headlines include Ukraine's efforts to identify thousands of fallen soldiers, shifting immigration trends in the United States, and developments in international politics, sports, and culture. In Europe, a surge in 'coolcation' tourism is raising both hopes and concerns in Nordic countries, as travelers seek respite from southern heat waves.