Europe, Trump
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The United States and European Union reached a significant trade agreement that will change tariffs and increase energy purchases, potentially affecting consumer prices.
The agreement means there will only be a 15% tariff on European imports, in exchange for $600 billion of investments in the U.S. and $750 billion purchase of U.S. energy.
Axios World on MSN22h
U.S. reaches trade agreement with Europe with 15% tariff
Details: Trump announced the deal alongside European Commission President Ursula von der Leyen during a trip to Scotland. Trump said the EU agreed to buy more than $750 billion wo
France denounced the trade agreement between the European Union and the U.S. as a "submission" on Monday though other EU states largely backed a deal they acknowledged was lopsided but which averts an economically damaging trade war with Washington.
President Donald Trump and European Commission President Ursula von der Leyen met in Scotland on Sunday to iron out a US-EU trade deal. Without an agreement, the EU was due to get hit with a 30% tariff rate on Aug.
Donald Trump has returned to his golf course in Turnberry, Scotland, for a round before discussing trade with European Commission chief Ursula von der Leyen. Both sides are seeking an
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