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Trump Trade Talks: US-EU Strike a Deal

Trump Trade Talks: US-EU Strike a Deal By Peter Zeihan The Trump administration and the EU have announced a new trade deal. It’s more of a political headline than a meaningful agreement, but let’s break it down. More here >          Source
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At the end of July in Scotland, US President Donald Trump and European Commission President Ursula von der Leyen tentatively concluded a major trade deal. As is well known, the deal looks completely unbalanced to the detriment of Europe. A 15 percent tariff is being introduced on 70 percent of goods imported from the EU to the US, while the other half will have zero tariffs. Out of gratitude that tariffs on America will not be even higher, the C…

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Phil's Stock World broke the news in on Tuesday, August 12, 2025.
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