NEW YORK: US stocks rose on Thursday as investors cheered a new trade agreement hammered out between the United States and Britain, while US President Donald Trump signaled upcoming talks with China would be more substantial than initially thought.

Britain agreed to lower its tariffs to 1.8% from 5.1% and provide greater access to US goods as part of the deal, while a 10% baseline tariff on goods imported from the UK into the US remains in place.