• Economy
  • Investing
  • Editor’s Pick
  • Stock
Evil Shark Trades
Economy

Trump announces trade deal with European Union

by July 27, 2025
by July 27, 2025

President Donald Trump and European Commission President Ursula von der Leyen announced a trade deal between the U.S. and European Union on Sunday.

The announcement came moments after the two had addressed the media, agreeing that the likelihood of an agreement was about 50-50. Von der Leyen said the negotiations had taken some ‘heavy lifting,’ but the two leaders agreed they were happy with the result.

‘We are agreeing that the tariff straight across for automobiles and everything else will be a straight-across tariff of 15%,’ Trump said.

‘So we have a tariff of 15%. We have the opening up of all of the European countries, which I think I could say were essentially closed. I mean, you weren’t exactly taking our orders. You weren’t exactly taking our agriculture,’ he added, addressing von der Leyen.

Von der Leyen said Europe will also purchase $150 billion worth of U.S. energy as part of the deal, in addition to making $600 billion in other investments into the U.S.

Trump and von der Leyen had sounded unsure of whether a deal would be reached even as they spoke to the press in Scotland on Sunday.

‘We look forward to talking to see if we can do something,’ Trump had said of the negotiations. ‘We’ve had, a very good relationship over the years, but it’s been a very one-sided transaction, very unfair to the United States.’

Responding to a reporter’s question, von der Leyen agreed with Trump that there must be a ‘rebalancing’ of the bilateral trade, which is worth billions of dollars.

‘It is about rebalancing,’ von der Leyen said as she sat next to Trump. ‘You can call it fairness, you can call it rebalancing. We have a surplus and the United States has a deficit, and we have to rebalance it.’

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump hits EU for lack of Gaza aid, says Israel needs to ‘make a decision’ with Hamas not releasing hostages
next post
Freedom Caucus lawmaker Ralph Norman vows to ‘shake things up’ in South Carolina governor bid

You may also like

Rubio downplays 2028 talk, touts Vance as Trump’s...

Freedom Caucus lawmaker Ralph Norman vows to ‘shake...

Trump hits EU for lack of Gaza aid,...

Johnson says Ghislaine Maxwell deserves life sentence over...

Trump-inspired ‘Japanese first’ politician shakes up nation’s establishment

Iran’s Africa activities pose ‘significant threats to US...

White House orders Hegseth to stop polygraphs on...

Rubio rips Venezuela’s Maduro as ‘narco-terrorist’ leader threatening...

Democrats are hammering Republicans on Epstein, but one...

From talk to tactics: Trump pivots on Russia...

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent Posts

    • Rubio downplays 2028 talk, touts Vance as Trump’s successor
    • Freedom Caucus lawmaker Ralph Norman vows to ‘shake things up’ in South Carolina governor bid
    • Trump announces trade deal with European Union
    • Trump hits EU for lack of Gaza aid, says Israel needs to ‘make a decision’ with Hamas not releasing hostages
    • Johnson says Ghislaine Maxwell deserves life sentence over Epstein crimes, rejects potential pardon

    Categories

    • Economy (6,849)
    • Editor's Pick (3,862)
    • Investing (2,826)
    • Stock (1,392)
    Email Whitelisting About Us Terms & Conditions Privacy Policy Contact Us

    Disclaimer: Evilsharktrades.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 EvilSharkTrades.com


    Back To Top
    Evil Shark Trades
    • Economy
    • Investing
    • Editor’s Pick
    • Stock