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Did the U.S. or the EU emerge as the winner in Trump trade deal?
The deal, announced Sunday by President Trump and European Commission President Ursula von der Leyen, imposes a 15% U.S. tariff on most EU imports, while American goods exported to the union's 27 member countries will face no tariffs. Previously, U.S. exports to the EU faced an average tariff of roughly 1%, according to Goldman Sachs analysts.
4 Things We Still Don’t Know About Trump’s EU Trade Deal
President Donald Trump says he has clinched a trade deal with Europe that will avert the possibility of trade-killing 30% tariffs on the bloc’s exports to the U.S. But many important details remain unclear, so assessing the arrangement’s impact on consumers is a little difficult.
President Trump and European Commission President Ursula von der Leyen announced Sunday that the US and EU had agreed to the ...
As Trump eyes an Aug. 1 deadline for countries to come to trade deals or face the tariffs that he originally announced in ...
U.S. agreement, secured by President Donald Trump in Scotland, imposes a 15% tariff on most European goods but does not outline a tariff for the wine and spirits industry.
The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading ...
A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, ...
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