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Donald Trump announced a trade deal with the European Union on Sunday, under which the US will impose 15% tariffs on the EU imports.
Trump announces trade deal with EU (Reuters Image)
The United States announced the “biggest-ever” trade deal with the European Union on Sunday (local time), under which a 15% tariff would be levied on EU exports to the US.
The deal was struck during a meeting of US President Donald Trump and European Commission President Ursula von der Leyen at his golf resort in Scotland, as the deadline of August 1 to avoid an across-the-board US tariffs of 30% on European goods approaches.
“We’ve reached a deal. It’s a good deal for everybody. This is probably the biggest deal ever reached in any capacity,” Trump said.
Today, President Trump secured a HUGE, POWERFUL TRADE DEAL between the U.S. and EU 🇺🇸The EU will:💰 Invest $600 Billion in U.S.⚡️ Purchase $750 Billion in American Energy💸 Open Markets to U.S. pic.twitter.com/PWNtlhpH5b
— The White House (@WhiteHouse) July 28, 2025
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Ashesh Mallick is a Sub-Editor with over three years of experience in news writing, video production. He primarily covers national news, politics and global affairs. You can follow him on Twitter: @MallickAshes…Read More
Ashesh Mallick is a Sub-Editor with over three years of experience in news writing, video production. He primarily covers national news, politics and global affairs. You can follow him on Twitter: @MallickAshes… Read More
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