Trump's trade deal with EU
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The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.
Balancing economic interests and security concerns, European officials said they got the best deal possible with Trump, but critics said Brussels ceded to pressure.
U.S. tariff agreement sealed over the weekend has been described as a “dark day” for Europe and even a capitulation to American demands
Euro falls against dollar, with Trump's tariffs seen as slowing European growth
51mon MSN
Tuesday's analysis warns of economic and political costs, especially in swing states with significant manufacturing sectors, like Michigan and Wisconsin.
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.
Asked about a tariff rate "for the world," as Mr. Trump put it, the president responded, "I would say it'll be somewhere in the 15 to 20% range." The U.S. president made the remarks seated alongside U.