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US and EU agree on 15% tariffs in new trade deal

US and EU agree on 15% tariffs in new trade deal

Fashion Network28-07-2025
The United States and the European Union (EU) have finalized a new trade agreement that introduces a 15% tariff on goods from all 27 EU member states, U.S. President Donald Trump announced on Sunday. The announcement came after a meeting with European Commission President Ursula von der Leyen.
Trump, who had earlier threatened to impose 30% tariffs on European products starting August 1, confirmed that the agreement also includes $600 billion in planned EU investments in the United States.
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