The Friday announcement from the president came after a week of ups and downs, including Moody's downgrading the nation's credit rating.

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.

When you pay for an apple at the grocery store, you might assume you're paying for a little bit of everything that helped create

To sweeten the deal, EU officials are also willing to extend a 2020 tariff-free arrangement on US lobster imports, as reported by the FT. That pact, which expires in July, helped