Trump announces EU trade deal with 15% tariffs

US President Donald Trump shaking hands with the United States and the EU after the announcement of a trade agreement in Turnberry on July 27, 2025, Ursula von Der Leyen, President of the European Commission.
Evelyn Hockstein | Reuters
President Donald Trump said on Sunday, the European Commission President Ursula von Der Luyen, days before the deadline for August 1, announced that the US has reached a trade agreement with the European Union after a very important discussion.
Trump said that the agreement has brought most European goods to the United States for 15% of the United States, which was lower than 30% of the US threatened against the largest trade partner.
Trump also said that the 27 -member block agreed to purchase 750 billion dollars of US energy and to invest more than $ 600 billion above existing levels.
The block said it would “buy a hundreds of billions of dollars of military equipment,” but it did not provide a certain amount of dollars.
“This is a very powerful agreement, a huge agreement, the largest of all agreements, Tr Trump said with the der leyen.
“This is a good agreement, a big deal with difficult negotiations,” Von said after the meeting.
The announcement after Trump said that his meeting with the European leader was 50-50.
The market announcement points to a very important moment for Trump after weeks of uncertainty surrounding the US-EU trade talks.
If the trade talks increased before August 1, Brussels were preparing for a bad scenario.
MPs approved a large counter-tarife package to target a series of US goods. The block also thought of distributing the EU’s “Anti -Trade Instrument”, and the trade was seen as Bloc’s “Trade Bazuka”.
The US-EU trade relationship was considered as 1.68 trillion euros ($ 1.97 trillion), considering both service and trade trade in 2024. Council of Europe.
The EU recorded a surplus on the trade of goods and recorded an open in the field of service. This left the EU about 50 billion euros with the US last year.
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