EU, Trump and trade deal
Digest more
16hon MSN
How the US-EU trade deal wards off more escalation but could raise costs for companies and consumers
U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal
United States, European Union stave off 30% U.S. tariffs on imports, due to start on Friday, at least for now. But what about pharmaceuticals?
Less than a day after President Donald Trump claimed that the European Union had agreed to invest $600 billion into the United States as part of a trade deal that will see Trump ask Americans to shoulder a 15 percent import tax on many European goods, EU officials are quietly backtracking.
President Donald Trump announced a trade agreement on Sunday with the European Union that would lower tariffs to 15%. The tariff rate is a reduction from the 30% that Trump threatened on July 12 and the 20% he said he would impose on April 2.
Explore more