European Union, deal and Trump
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The United States and the European Union announced a trade framework Sunday after a meeting between President Trump and European Commission chief Ursula von der Leyen.
The deal was struck less than a week before the U.S. threatened to levy a much higher 30% tariff on European goods.
If Trump eventually made good on his threat of tariffs against Europe, it could have meant that everything from French cheese and Italian leather goods to Spanish pharmaceuticals would be more
US President Donald Trump and EU chief Ursula von der Leyen confirm the deal after "tough negotiations" in Scotland.
U.S. President Donald Trump on Sunday said the United States and the European Union had reached agreement on a trade deal that includes a 15% tariff on EU goods entering the U.S. and significant EU purchases of U.
The U.S. and European Union reached a historic trade deal on July 27. President Donald Trump said, "The EU is going to purchase from the US $750 BILLION worth of energy... Agree to invest $600 billion. Agree to open up their countries at zero tariff."