US EditionEnergy Plays Big Role in US-EU Trade Deal
UNITED STATES, JUL 28 – The deal includes a 15% tariff on most EU imports and $750 billion in U.S. energy exports, with $600 billion in EU investments, amid ongoing skepticism about the commitments.
- President Donald Trump and EU Commission President Ursula von der Leyen announced a trade deal, with claims of a $600 billion investment that is not binding, despite market skepticism.
- Amid trade tensions, the agreement includes a '15 percent tariff on most imports from the European Union', including cars, while Trump's $600 billion investment claims face EU skepticism.
- According to the deal, the EU is set to purchase U.S. energy and invest in U.S. infrastructure by 2028.
- The announcement triggered global markets to shrug, with Bitcoin rising from $114,500 to over $119,000 and BNB exceeding $850.
- Long-Term outlook shows that managing EU skepticism and investment claims is crucial for the deal's stability, analysts say.
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Energy plays big role in US-EU trade deal
{beacon} Energy & Environment Energy & Environment The Big Story Europe agrees to buy U.S. energy The European Union will purchase $750 billion worth of energy from the U.S. as part of the deal, President Trump announced over the weekend. © Jacquelyn Martin, Associated Press The trade deal, announced Sunday, sets tariffs at 15…
·Washington, United States
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Coverage Details
Total News Sources20
Leaning Left5Leaning Right4Center4Last UpdatedBias Distribution38% Left
Bias Distribution
- 38% of the sources lean Left
38% Left
L 38%
C 31%
R 31%
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