The agreements have been overshadowed by U.S. firms issuing warnings about how the tariffs will impact their bottom lines and prolong uncertainty in the U.S. economy.

White House revises trade deals, Texas Instruments offers disappointing outlook, Coca-Cola confirms adding cane sugar, and more news to start your day.

Japan's trade agreement with the U.S. could serve as the benchmark for many other deals currently being negotiated with Washington, and the global economy could just about support the 15% level agreed overnight,