BTCC / BTCC Square / Global Cryptocurrency /
Trump Announces New Tariffs and EU Energy Commitments

Trump Announces New Tariffs and EU Energy Commitments

Published:
2025-08-04 19:20:02
5
1
BTCCSquare news:

President Donald TRUMP unveiled sweeping new tariffs on EU goods alongside a $750 billion energy purchase commitment from European nations. The measures follow a July agreement with European Commission President Ursula von der Leyen, temporarily suspending retaliatory EU tariffs set to take effect this week.

The 15% tariff on European automobiles and industrial goods comes with a WHITE House demand for reciprocal EU concessions. Brussels confirmed a six-month pause on countermeasures, framing the détente as providing "stability and predictability" for transatlantic commerce.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users