The European Commission said on Thursday a negotiated trade solution with the United States is within reach - while EU members voted to approve counter-tariffs on 93 billion euros ($109 billion) of U.

NBC News Business and Data Correspondent Brian Cheung joins Meet the Press NOW to report on a new trade deal between the U.S. and Japan and what other countries the Trump administration is eyeing agreements with.

Markets rallied as the U.S. moved closer to trade deals with Japan and the EU, bringing much-certainty after months of President Trump’s volatile tariff threats. The S&P 500 hit a new record and futures are up prior to the opening bell.