France's Macron says EU-US trade deal 'not the end of it'
FRANCE, JUL 30 – The EU-US deal imposes a 15% tariff on most EU exports and includes $750 billion in US energy purchases and $600 billion in investments, amid criticism of EU negotiating strength.
- On Sunday, European Commission President Ursula von der Leyen clinched the framework accord with US President Donald Trump, imposing a 15% tariff and committing to $750 billion energy purchases.
- The European Commission brokered the deal in late July 2025 to avert an escalating trade dispute and prevent a punishing 30% tariff that threatened transatlantic commerce.
- New 15% rates exceed prior customs duties but undercut Trump's threatened 30%, impacting sectors relying on exports to the United States.
- Companies reacted swiftly as Maroš Šefčovič described the deal as `the best outcome under very difficult circumstances`.
- Looking ahead, analysts caution U.S. LNG capacity will remain insufficient for Europe's needs and raise questions about long-term trade reliability.
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67 Articles
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