Trump announces EU trade deal with 15% tariffs

president Donald Trump On Sunday, the United States announced that the United States had reached a business deal with European UnionAfter pivotal discussions with the President of the European Commission Ursula von der Lin Days before the definition date on August 1.

Trump said the deal imposes a 15 % tariff on most European goods of the United States, including cars.

Von der Lin said in a briefing after announcing the agreement that some products, including aircraft and their components, and some chemicals and pharmaceutical preparations, will not be subject to definitions. She also said that the new 15 % tariff rate will not be added to already valid tariffs.

The tariff rate of 15 % less than 30 % average Trump had previously threatened against the largest commercial partner of the United States, but the 10 % higher definitions that the European Union had hoped.

Trump said that the 27 -member bloc also agreed to buy US energy worth $ 750 billion and invest in additional investments of $ 600 billion in the United States higher than the current levels.

He said that the bloc will also be “buying hundreds of billions of dollars in military equipment”, but it has not provided a specific amount in dollars.

“It is a very strong deal, it is a very big deal,” Trump said on Sunday, along with von der Lin. “It is a very big deal,” Trump said on Sunday.

“It is a good deal, it is a huge deal, with difficult negotiations,” Von der Lin said after the meeting.

While the questions about the specific details and the schedule of European Union investments remain, the agreement represents a pivotal moment for Trump, after weeks of uncertainty surrounding the commercial talks of the United States of America.

Trump during a press conference Before meeting with the European leader He said that there is a 50-50 opportunity They will reach a deal for a deal.

Brussels was preparing for The wall script If the commercial conversations were transported before August 1.

The legislators have agreed to a major package of anti -models, which would have targeted a group of American goods. The bloc also looked at the deployment of the European Union “Sagittilation anti -tool“Step the commercial bloc” Bazooka Trade “.

The Prime Minister in Ireland, Michel Martin, said that the agreement “brings clarity and ability to predict the commercial relationship between the European Union and the United States.” statement.

“This means that there will now be a tariff that it was, and this impact on the trade between the European Union and the United States will be, making it more expensive and more challenging,” said the Ireland Ministry of Tiwish.

However, the agreement “creates a new era of stability,” and continued the statement.

German counselor Friedrich Mirz welcomed the new agreement, pointing to the benefits that he will bring to the country’s auto industry.

“With the agreement in the European Union negotiations and the United States on definitions, the trade conflict, which would have reached the German economy directed towards export, was avoided,” he said in A. statement.

He added: “This is especially true for the automotive industry, as the current customs duties of approximately 27.5 % decreased to 15 %. Especially here that reducing the rapid tariff is of great importance.”

The Prime Minister, the Netherlands, said, in a After x Sunday, “no better tariff,” but praised the European Commission to secure the best possible agreement.

He said that the ongoing deal “provides more clarity for our business and provides more market stability.”

Italian government leaders, including Prime Minister Georgia Meloni, He issued a statement Saying the deal helps avoid “direct clash between both sides of the Atlantic Ocean”, and “ensuring stability” between the United States and the European Union.

The statement also said that Italy considered that the customs tariff by 15 % “sustainable”, if this percentage includes, and not in addition to the previous definitions.

The value of the commercial relationship of the United States of America was 1.68 trillion euros (1.97 trillion dollars) when taking into account each of the services and trading of goods in 2024, according to European Council.

While the European Union recorded a surplus on the circulation of goods, it indicated a deficit in the world of services. He left this European Union with a total trade surplus of about 50 billion euros with the United States last year.

– Terry Colin of CNBC contributed to this report.