President Donald Trump is marking his recent success in trade agreements as he returns from a four-day journey to Scotland, where discussions regarding deals with the European Union and the United Kingdom took place.

Following two days of trade discussions in Stockholm, the U.S. and China have agreed to prolong the pause on tariffs. The details of this agreement have not yet been disclosed. Trump mentioned that he conversed with Treasury Secretary Scott Bessent about the negotiations and plans to make a decision on the agreement by Wednesday.

“We have just secured a significant agreement with the European Union, along with another with the United Kingdom,” Trump stated. “The agreement with the U.K. was reached the previous week, and it’s an important and advantageous deal for the country and everyone involved. They’ve been attempting to finalize it for 12 years, and we have now successfully completed it.”

The trade deal between the U.S. and E.U. includes a 15% tariff rate set on imported goods, and tariffs on imported steel and aluminum will remain set at 50%.

The newest tariff rate will affect things like auto parts, pharmaceuticals and semiconductors. European and Japanese automakers now have a better deal than domestic brands here in the U.S., facing lower tariffs than cars from Detroit automakers, which face 25% tariffs if the cars are built in Mexico. That deals a blow to Detroit.

Aircraft parts, certain drugs and some agricultural products will not be subject to any tariffs after both nations agreed to “zero for zero tariffs.” The E.U. also agreed to buy a significant amount of military equipment from the U.S.

Trump is looking to strike more trade deals before the Friday deadline when tariffs are set to take effect. Commerce Secretary Howard Lutnick said the deadline will not be moved again, and Trump will be sending letters to other countries on what the tariff rates will be sometime this week.