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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.
Trump announces 'shaky’ trade agreement framework with the EU
President Trump announces a trade deal with the European Union as his self-imposed August 1st deadline for trade negotiations looms. CNBC Washington Correspondent Megan Cassella and NBC News White House Correspondent Vaughn Hillyard discuss the implications of the EU deal and where trade negotiations stand with other countries.
President Trump has announced a trade agreement with the European Union. CBS News' Olivia Rinaldi and Javier David have ...
Europe's carmakers, already battling stiff competition from Asia and a costly transition to electric cars, were dealing with ...
White House officials are meeting Chinese officials in Stockholm this week to hammer out more details for a framework between the world’s two largest economies.
Trump had most recently threatened tariffs of 30% on imports from the European Union. But on Sunday, he met with the president of the European Commission, and they agreed to a lower level.
The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading ...
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