Trump said the U.S. would set a baseline tariff of 15% for European goods, including automobiles. He said steel and aluminum tariffs, which are currently at 50%, would remain unchanged. He also said the EU had agreed as part of the deal to buy $750 billion worth of energy products from the U.

President Donald Trump announced a trade deal with the European Union on Sunday that will require imports from the 27-nation bloc to face a 15% tariff.