The U.S. and the European Union have established the framework of a deal that could set tariffs at 15% for most imports from the 27-nation bloc. The post US-EU deal sets a 15% tariff on most goods from Europe appeared first on FreightWaves.

TURNBERRY, Scotland, July 27 (Reuters) - The U.S. struck a framework trade agreement with the European Union on Sunday, imposing a 15% import tariff on most EU goods - half the threatened rate - and averting a bigger trade war between the two allies that account for almost a third of global trade.