Trump announces EU trade deal with 15% tariffs – Washington Examiner
President Donald Trump announced that the United States has reached a trade agreement with the European Union, which includes a 15% tariff on most imports, including automobiles. This deal follows months of trade negotiations between the two entities and aligns with recent trade agreements the Trump governance has made with other countries, such as Japan. European Union President Ursula von der Leyen stated that the deal aims to rebalance the trading relationship between the U.S. and the EU. The declaration was made during Trump’s trip to Scotland, and the agreement represents a important increase in tariffs within the U.S.-EU trade relationship.
Trump announces EU trade deal with 15% tariffs
President Donald Trump said that the United States reached a trade deal with the European Union.
He told reporters it will include a 15% tariff across on most imports, including automobiles. The deal comes after months of trade talks between the two bodies.
The deal is in line with recent trade deals the Trump administration has struck with other countries. A 15% tariff deal was recently announced with Japan.
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The trade deal still represents a large increase in tariffs for the U.S.-EU relationship.
Ursula von der Leyen, the president of the European Union, said that this deal will “rebalance” the American and European trading relationship. The two leaders met while Trump was on a trip to Scotland.
This is a breaking news story and will be updated.
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