The European Union said on Monday it would delay its countermeasures against President Donald Trump’s tariffs by six months. “On 27 July 2025, European Commission President Ursula von der Leyen and US President Donald J.

EDINBURGH, Scotland (AP) — The United States and the European Union agreed on Sunday to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher import duties on both sides that might have sent shock waves through economies around the globe.

A deal with Japan and a potential deal with Europe follow months of uncertainty and will likely raise prices while offering a bit of clarity for global trade.