U.S. and EU Reach Trade Deal, Tariff Rate Halved; Extreme Heat to Affect 130 Million Americans | NTD Good Morning (July 28)

The Trump administration is holding talks with the UK and China on Monday after announcing a deal with the EU over the weekend. The agreement comes just days before the U.S. tariffs were due to spike. The EU deal cuts the proposed tariffs in half, and will bring hundreds of billions of dollars in European investment to the United States. President Donald Trump announced the deal from his resort in Scotland, calling it “good news for everybody.”

More than 130 million people are under heat alerts as dangerous temperatures grip much of the country. Tampa has hit 100 degrees for the first time in recorded history, with heat indexes expected to top 110 through the week. Meanwhile, severe storms are expected across the Northern Plains, with damaging winds and the possibility of tornadoes.

Cambodia and Thailand have agreed to a cease-fire starting at midnight on Monday local time, pausing five days of their deadliest clashes in over a decade. The breakthrough came during peace talks in Malaysia after President Trump pressured both sides over the weekend. Both Thailand and Cambodia accuse the other of starting the fighting last week. The conflict soon escalated to clashes with heavy artillery at multiple locations along their 500-mile land border.