Trump announces trade deal with European Union

President Trump & EU officials conduct trade discussions

President Donald Trump and EU Fee President Ursula von der Leyen met in Scotland for commerce discussions. Ursula posted on X: “Good to be in Scotland to satisfy @potus for discussions about transatlantic commerce right now. The EU-US buying and selling relationship is the most important on the earth.”

President Donald Trump and chairman of the European Fee Ursula von der Leyen introduced a commerce settlement between the American and the European Union on Sunday.

The announcement got here after the 2 had tackled the media and agreed that the prospect of an settlement was round 50-50.

US President Donald Trump (R) shakes the palms of the European Fee President Ursula von der Leyen (L) after their assembly, in Turnberry South West Scotland on July 27, 2025 (picture by Brendan Smialowski/AFP through Getty Photographs)

“We agree that the speed can be a price of 15percentdirectly for automobiles and every part else,” Said Trump.

“So now we have a price of 15%. We’ve got the opening of all European international locations that I believe I might say that I used to be basically closed. I imply, you didn’t precisely accepted our orders. You didn’t precisely took our agriculture,” he added, von der Leyen.

Von der Leyen stated that Europe may also purchase $ 150 billion in American power as a part of the deal, along with making $ 600 billion in different investments within the US

Trump goes to Scotland to talk about golf, politics and trade

Trump and Von der Leyen didn’t sound certain whether or not a deal could be reached, even whereas they spoke with the press in Scotland on Sunday.

“We stay up for speaking to see if we are able to do one thing,” Trump had stated in regards to the negotiations. “We’ve got had an excellent relationship over time, however it was a really one -sided transaction, very unfair in direction of the USA.”

In response to the query of a reporter, Von der Leyen agreed with Trump that there’s a “re -balancing” of the bilateral trade, What’s price billions of {dollars}.

“It is about balancing once more,” stated Von der Leyen whereas she was sitting subsequent to Trump. “You’ll be able to name it honesty, you possibly can steadiness it once more. We’ve got a surplus and the USA have a scarcity and now we have to steadiness it once more.”

It is a growing story. Come again rapidly for updates.

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