European Commission President Ursula von der Leyen defended the trade deal clinched with United States on Sunday as "the best we could get" and not to be underestimated given the looming threat of 30% tariffs that had been hanging over the EU.

In a high-stakes meeting that took place not in a conference hall but at a golf resort in Scotland, European Commission President Ursula von der Leyen helped avert a transatlantic trade war on Sunday—just five days before sweeping U.