US EditionHow the US-EU Trade Deal Wards Off Escalation but Will Raise Prices, Slow Growth
SCOTLAND, JUL 29 – The US-EU trade deal sets a 15% tariff on most EU exports to the US, includes $750 billion in energy purchases, and averts a tariff increase deadline of August 1, officials said.
9 Articles
9 Articles
The US and the European Union signed a trade deal on July 27 — under this agreement, duties on imports of European goods to the US will be at least 15%. In addition, the EU will buy $750 billion worth of US energy and invest, as Trump said, “$600 billion more than it already invests” in the US economy. Finally, Brussels agreed to open the countries' markets to trade with the US at zero tariffs and to purchase — again, according to the American l…
How the US-EU trade deal wards off more escalation but will raise prices and slow growth | Chattanooga Times Free Press
U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Trump's threat of a 30% rate if no deal had been reached by Aug. 1.
How the US-EU trade deal wards off escalation but will raise prices, slow growth
FRANKFURT, Germany (AP) — U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Trump's threat of a 30% rate if no…
EUR/GBP weakens as US-EU trade deal backlash weighs on Euro sentiment | The New York Ledger
The Euro succumbs to a 2nd successive day versus the British Pound as criticism installs over the US-EU trade arrangement. European leaders explain the offer as “out of balance” and manipulated in favor of Washington. EUR/GBP reversed from a near two-year high of 0.8753 on Monday, marking its sharpest everyday drop because April. The Euro (EUR) continues to deteriorate versus the British Pound (GBP) for a 2nd successive day on Tuesday, dragged d…
Ursula von der Leyen visited President Donald Trump at his Scottish golf resort to agree a trade deal with the United States that largely meets Trump’s demands. A 15% tariff on most exports and political humiliation are the price the European Union (EU) must pay to avoid the uncertainty and short-term pain of a trade war. The deal does indeed look like a capitulation to Trump: the EU has agreed to a significantly unbalanced trade framework with …
Trump and EU agree on framework for tariffs
Following talks in Scotland, President Donald Trump and President Ursula von der Leyen of the European Commission declared on Sunday that the United States and the European Union had reached a framework agreement on a new trade agreement. Von der Leyen confirmed that the EU agreed to impose 15% tariffs “across the board,” while Trump praised the agreement as “the biggest of them all.” Officials are still finalizing the agreement’s specifics. Tru…
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