US, EU agree trade deal, EU will see 15% tariff across the board
US, EU agree trade deal, EU will see 15% tariff across the board
Published by Global Banking and Finance Review
Posted on July 27, 2025

Published by Global Banking and Finance Review
Posted on July 27, 2025

TURNBERRY, Scotland (Reuters) -U.S. President Donald Trump on Sunday said the United States and the European Union had reached agreement on a trade deal that includes a 15% tariff on EU goods entering the U.S. and significant EU purchases of U.S. energy and military equipment.
The deal also calls for $600 billion in investments in the U.S. by the European Union, he told reporters.
European Commission President Ursula von der Leyen said the agreement would include 15% tariffs across the board, saying it would help rebalance trade between the two large trading partners.
(Reporting by Andrew Gray, Andrea Shalal, Editing by Alexandra Hudson)
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