Trump Strikes EU Deal with Tariffs After Intense Talks with Ursula von der Leyen
President Donald TRUMP announced a landmark trade agreement with the European Union, imposing 15% tariffs on most EU goods—a significant reduction from the initially threatened 30%. The deal, hailed as "the biggest of all the deals," includes commitments from the EU to purchase $750 billion in U.S. energy and invest $600 billion in U.S. projects. This breakthrough follows weeks of tension, with European Commission President Ursula von der Leyen playing a pivotal role in negotiations.
Tariffs have been central to Trump's trade strategy, sparking initial alarm across Europe. Von der Leyen's preparedness to deploy countermeasures, including the EU's "Anti-Coercion Instrument," underscored the high stakes. The final agreement avoids a trade war while maintaining protections for U.S. industries and expanding export opportunities.