Trump announces U.S. deal with EU to impose 15% tariff
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President Trump outlined a new preliminary trade agreement with the European Union on Sunday during a private visit to the United Kingdom. It comes as congressional Republicans face growing pressure over the Trump administration’s handling of the Jeffrey Epstein files.
President Trump met with top European officials demanding fairer trade with the 27-member European Union at his golf course on the Scottish coast.
President Donald Trump announced a trade deal with the European Union on Sunday after EU Commission President Ursula von der Leyen said the process took "heavy lifting."
The deal, which includes a 15% tariff on EU goods entering the U.S. and significant EU purchases of U.S. energy and military equipment, will bring welcome clarity for EU companies though many in Europe will see it as a poor outcome.
President Trump met Ursula von der Leyen, the chief of the European Commission, in Scotland, and the two said they had an agreement on trade.
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President Donald Trump says Hamas is reluctant to release the remaining hostages amid Israel's increase in humanitarian aid efforts in Gaza on Sunday.
The United States and the European Union announced a trade framework Sunday after a meeting between President Trump and European Commission chief Ursula von der Leyen.
President Donald Trump announced July 27 the United States had reached a trade deal with the European Union, days ahead of a self-imposed Aug. 1 deadline. Trump met with the EU's president, Ursula von der Leyen, during his trip to Scotland over the weekend, where the pair discussed terms and came to an agreement.
The deal was struck less than a week before the U.S. threatened to levy a much higher 30% tariff on European goods.
A deal with the United States felt like an impossibility in late May. Frustrated by a lack of progress in negotiations with the 27-member European Union, Trump on May 24 told the world he was done talking to some of America’s strongest allies .
President Donald Trump announced the new trade deal while meeting with EU Commission President Ursula von der Leyen on Sunday.
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