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US, EU agree trade deal, EU will see 15% tariff across the board
Published by Global Banking & Finance Review®
Posted on July 27, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on July 27, 2025
1 min readLast updated: January 22, 2026
The US and EU have agreed on a trade deal imposing a 15% tariff on EU goods, with significant EU investments in the US and increased US exports.
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)
The agreement includes a 15% tariff on EU goods entering the United States.
The deal calls for $600 billion in investments in the U.S. by the European Union.
U.S. President Donald Trump announced the trade deal, stating its significance for both parties.
European Commission President Ursula von der Leyen mentioned that the agreement would help rebalance trade between the US and EU.
The 15% tariff is intended to help rebalance trade between the two large trading partners.
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