US Reaches Trade Agreement With Europe With 15% Tariff
Donald Trump announced a breakthrough in negotiations with the European Union (EU), resulting in a deal that halts four months of tense talks and prevents a potential transatlantic trade war. The agreement includes a reduced 15% import tariff on most EU goods, half of the initially threatened rate. European Commission President Ursula von der Leyen confirmed the deal after a brief meeting with Trump at his Scotland golf resort, where he is on holiday.
