Trump, EU announce trade deal
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President Donald Trump met with European Commission President Ursula von der Leyen during his trip to Scotland.
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President Donald Trump announced Sunday that the United States and the European Union reached a framework for a trade deal, after talks with European Commission President Ursula von der Leyen in Turnberry,
France called a framework trade deal between the United States and European Union a "dark day" for Europe, saying the bloc had caved in to U.S. President Donald Trump with an unbalanced deal that slaps a headline 15% tariff on EU goods while sparing U.
Belgium’s prime minister said on Sunday that the trade deal announced between the United States and the European Union is a “moment of relief” but not worthy of celebration. In a post on the social platform X,
The Europe trade deal will see the U.S. impose a 15% import tariff on most EU goods − half the threatened rate but much more than Europeans hoped for.
The European Union and the United States have struck a deal to avoid a painful trade war between the transatlantic allies.
17hon MSN
"I think it's the biggest deal ever made," Trump said of the new agreement, which will reduce the bloc's tariff rate to 15 percent.
The European Union's trade deal with the United States could cost the pharmaceutical industry between $13 billion and $19 billion as branded medicines become subject to a tariff of 15%, analysts said on Monday.