US Edition
US and EU agree trade deal, says Donald Trump
- The U.S. and European Union agreed to a trade deal involving a 15% tariff on most EU exports, announced by President Donald Trump and European Commission President Ursula von der Leyen.
- The EU committed to purchasing $750 billion worth of U.S. energy products and investing $600 billion in the U.S., which aims to strengthen economic ties.
- The deal aims to eliminate additional tariffs on various U.S. goods and ensure tariff-free access to the European market for American exports.
- Trump described the agreement as the 'biggest deal ever made,' emphasizing its historical importance for U.S.-EU relations.
672 Articles
672 Articles
EU Scrambles To Defend Trump Deal After Member State Backlash
The European Union on Monday, July 28th, vehemently defended its trade deal with U.S. president Donald Trump, with EU capitals and businesses sharply divided on an outcome some branded a “capitulation.” “I’m 100 percent sure that this deal is better than a trade war with the United States,” top EU trade negotiator Maroš Šefčovič told journalists. “This is clearly the best deal we could get under very difficult circumstances,” Šefčovič said. But …
Trump comes out on top with EU tariffs deal, proving haters wrong and leaving some Europeans stunned
President Donald Trump set to work in April on radically transforming how trade is conducted internationally, unveiling a sweeping list of new tariffs targeting scores of nations — friendly and adversarial nations alike — that have long imposed higher fees on the U.S. than the U.S. has placed on them in return.Trump has in the months since received a lot of flak from liberals at home and abroad over this campaign to end the trend of foreign nati…
Brussels is trying to convince the EU Member States and companies on the continent that their concessions to Washington in the trade agreement signed on Sunday by Donald Trump and Ursula von der Leyen are justified in order to avoid an open trade war with the world superpower. That is to say, it takes advantage of the ancient Latin adage: “It is better a bad deal than a good lawsuit.” But that argument does not seem to be convincing many or, at …
EU-US trade deal: Brussels settles — but at what price?
European stock markets rose to 4-month highs after Donald Trump's trade deal with the EU. Investors are cheering the easing of uncertainty, but some fear Brussels conceded too much, which could haunt the bloc for years.
The U.S. and European Union announce a joint deal on tariffs
The United States and the European Union agreed on Sunday to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher import duties on both sides that might have sent shock waves through economies around the globe.The sweeping announcement came after President Donald Trump and European Commission chief Ursula von der Leyen met briefly at Trump’s Turnberry golf course in Scotland. Their private sit-down cu…
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