US Edition
European Stocks that Are Likely to Be Winners and Losers of the U.S.-EU Trade Agreement
- The U.S. and European Union agreed on Sunday to a trade deal imposing a 15% tariff on most EU exports to the U.S., with American goods to the EU facing no tariffs.
- The deal followed President Trump’s earlier threat of a 30% tariff and reflects an attempt to avoid escalation while setting 15% as a baseline tariff.
- European automakers, especially German manufacturers, and the pharmaceutical sector are among the deal’s primary beneficiaries, while the steel and aluminum industries face uncertainty.
- JPMorgan analysts called the 15% tariff manageable and a positive catalyst, noting companies like BMW and Porsche raised prices 2%-4% to offset tariff costs.
- While the deal reduces trade uncertainty and avoids worse tariffs, economists warn it may lower the EU’s GDP by 0.2% and depends on energy purchase pledges becoming concrete agreements.
29 Articles
29 Articles
EU Welcomes Pause in US Trade Fight While Seeking Better Terms
European capitals defended the trade deal struck with President Donald Trump, which will see the European Union accept a 15% tariff on most of its exports to the US while reducing levies on some American products to zero.
The United States and the European Union (EU) reached a tariff agreement on Sunday, July 27, fixing a general 15 percent levy on European products and preventing a trade war between them as of August 1, when Washington threatened to impose 30 percent fees on the Community club.The pact provides for the United States to impose a 15 percent tariff on the vast majority of EU exports directed there, as explained by European Commission President Ursu…
Slovak is a competent and authoritative negotiator. He defended the agreement with the US (the world has changed), and even critics think that the fault of the non-exciting result is more than von der Leyen than his
European Commissioner for Trade, Maros Sefcovic, guarantees "100% sure this agreement is better than a trade war with the United States", saying it brings "renewed stability".
Coverage Details
Bias Distribution
- 45% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
