US EditionUS-Europe Trade Deal ‘Extraordinary Evolution’ in Trump Use of Tariffs - Washington Examiner
SCOTLAND, JUL 28 – The agreement sets a 15% tariff on most EU goods entering the US, ending threats of 30% tariffs and including $600 billion EU investment and $750 billion energy purchases, officials said.
- After months of speculation, President Donald Trump and European Commission President Ursula von der Leyen agreed, with the deal involving tariffs and including $600 billion in investment and $750 billion in energy purchases.
- On the threat of steep tariffs, President Donald Trump had warned the existing 1.2% average is half of the planned 30% levy starting on August 1.
- Manufacturers rushed to import non-perishables before the EU's trade deal, which involved the largest investment and opened markets to US products, White House officials said.
- Amid reactions, EU bloc members called the plan a 'humiliation' and 'unequal', while Olivier Blanchard, former IMF research director, called asymmetric 15% tariffs an EU defeat.
- Looking ahead, two senior commission officials told Politico they cannot guarantee private funding for the $600 billion investment, despite avoiding a full trade war.
21 Articles
21 Articles
The recently announced trade agreement imposes a 15% tariff on most EU imported products
US-Europe trade deal ‘extraordinary evolution’ in Trump use of tariffs - Washington Examiner
The landmark trade deal reached between the United States and the European Union shows the power President Donald Trump wielded to exact major concessions from trading partners that would have been shocking just months ago. As part of the deal reached in Scotland between President Donald Trump and European Commission President Ursula von der Leyen, Europe agreed to accept 15% import tariffs on most goods, with exceptions. While much higher than …
Arizona Mirror
AreyoupopTrump strikes EU trade deal with 15% tariffs as court challenge looms
President Donald Trump and European Union leaders announced a trade framework over the weekend that will set 15% import taxes on EU goods. (Photo by Getty Images)WASHINGTON — President Donald Trump and European Union leaders announced a trade framework over the weekend, just days ahead of Trump’s self-imposed Friday deadline to increase import taxes and his emergency tariffs come under scrutiny in federal appeals court Thursday. Under the agreem…
EU food stung with 15% tariff in US
EU and US reach tariff deal: European goods entering the US will face a 15% tariff following an agreement between President Trump and European Commission President Ursula von der Leyen. While the deal avoids a harsher 30% tariff, it still raises costs compared to the previous 10% rate, impacting key agri-food sectors like wine, cheese, and olive oil.
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