Wine, Spirits Not Expected in EU-US Trade Deal Exemptions
UNITED STATES, JUL 30 – The EU agrees to a 15% tariff on most imports and commits to $750 billion in US strategic purchases amid concerns over economic impact and geopolitical dependencies.
- Under a framework deal at Scotland's Turnberry golf resort on Sunday, EU and US leaders set new tariff terms, including a 15% basic tariff on most EU imports.
- On April 10th, 2025, the EU suspended retaliatory tariffs and entered U.S.-led talks under pressure from looming 10% duties and a 1 August deadline to avoid 30% tariffs.
- Beyond tariffs, the deal binds the EU to purchase $750 billion in US commodities, invest $600 billion, and includes an anti-coercion instrument, Fabry noted.
- While some EU capitals offered cautious support, France and Hungary criticized the deal, with François Bayrou calling it a 'dark day' and Friedrich Merz warning of economic harm.
- Some experts warn it may reorient global power, forging a coalition that shifts influence toward London, Berlin, Tokyo, and non-aligned nations like India, Indonesia, Mexico, Nigeria, and Brazil.
23 Articles
23 Articles
Editorial: Caught between tariffs and tensions
Donald Trump’s biggest mega-deal to date is an incomplete US-EU trade agreement.Details of the deal still need to be trashed out by officials, and it must be ratified by 27 member states, including Malta, and the European Parliament.The deal imposes a 15% tariff on a swathe of EU exports to the US, exempts other exports...
Trump Reaches Deal With The EU - Patriot Newsfeed
Well, well, well. For all the people clutching their pearls about Donald Trump “destroying the global economy” with his trade agenda, Monday’s showdown with the European Union was the opposite: a blowout win for Trump. And let’s be honest — this one’s going to sting in Brussels for a long time. This was supposed to be the big fight, the one where Trump’s tough talk about tariffs finally blew up in his face. But instead? The EU walked in expectin…
Trump’s EU Trade Deal Was So Tremendous, American Media Outlets Are Criticizing It for Being Too Good
(Western Journal)—The mainstream media’s reaction to President Donald Trump’s trade agreement with the European Union was priceless, as multiple outlets had to admit he got the better end of the deal and achieved a huge victory. Axios led the way with an article titled “Trump trade deals prove access to the U.S. still matters above all else,” stating that “in the Trump-dominated global economy, the U.S. gets plenty but gives nothing in return.” …
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