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Yahoo
23 minutes ago
- Yahoo
Trump announces EU trade deal that sees 15% flat tariff for products coming to US
Donald Trump announced a trade agreement with the European Union Sunday that will cut tariff rates down to 15 percent on imports from the trade bloc, while US exports will be tariff-free. The president spoke alongside European Commission President Ursula von der Leyen at his Turnberry golf course in Scotland as he announced the news. 'All of the countries will be opened up to trade with the United States at zero tariff [for U.S. exports],' Trump told reporters, shaking von der Leyen's hand. 'We are agreeing that the tariff straight across for automobiles and everything else, will be a straight across tariff of 15 percent. So we have a tariff of 15 percent; we have the opening up of all of the European countries, which I think I could say [those markets] were essentially closed,' said the president. He also touted a number of impending EU investments, including a purchase of military materials. Von der Leyen confirmed: 'It is 15 percent tariffs across the board.' 'We have a trade deal between the two largest economies in the world, and it's a big deal. It's a huge deal. It will bring stability. It will bring predictability. That's very important for our businesses on both sides of the Atlantic,' said the European Commission president. The announcement comes ahead of the Trump administration's planned August 1 deadline for enforcement of the president's so-called 'reciprocal' tariffs. Trump had threatened to hike that rate to 30 percent in a letter this month. Asked about U.S. concessions in the deal, and the apparent imbalance of the U.S.-E.U. tariff rates going forward, von der Leyen cast the agreement as meant to address existing issues, and told one reporter: 'The starting point was an imbalance, a surplus on our side and a deficit on the U.S. side.' The president briefly answered questions from reporters, though he claimed not to hear one about his deputy attorney general (and former personal attorney)'s meeting with Ghislaine Maxwell, imprisoned accomplice of Jeffrey Epstein. He also claimed to have told the respective leaders of Cambodia and Thailand that the two countries needed to cease armed clashes along their respective borders in order to secure trade agreements with his administration. The president would go on to complain that the U.S. was not sufficiently praised for its investment in the Gaza Humanitarian Foundation, an Israeli-led effort to provide aid in Gaza that appears to have utterly failed to avert widespread famine and has long been labeled an effort by the Israeli government to save face by its critics. Further information about the agreement was not immediately released by the White House, either to pool reporters or through other media channels. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23 minutes ago
- Yahoo
Lauren Boebert's son charged with child abuse in incident she described as a ‘miscommunication'
Rep. Lauren Boebert's son has been charged with child abuse following an incident involving her grandson that she described as a 'miscommunication.' Tyler Boebert, 20, the eldest son of the MAGA congresswoman, was cited for criminal negligence where no death or injury occurred, which is a misdemeanor, for the July 11 incident, according to Windsor Police Department records obtained by Denver Westword. Authorities have not yet shared details about the incident, which the 38-year-old congresswoman brushed off as 'a miscommunication on monitoring my young grandson that recently led to him getting out of the house.' In a statement, the congresswoman described her son's legal trouble as a 'one-time incident,' noting there was 'no injury or physical abuse involved.' Child Protective Services met with the family, the congresswoman added. Despite this, it's not the first run-in with the law for the congresswoman's 20-year-old son, whose girlfriend became pregnant with his child when he was just 17. In September of 2022, Tyler Boebert flipped his father's SUV into a creek, leaving the person in his passenger seat with multiple concussions and a severely lacerated hand. He was ticketed for careless driving. The case was eventually dropped down to a 'defective vehicle for headlights' ticket under a plea deal. Then, in January 2024, he called the police to report that his father, Jayson, was assaulting him, leading to his arrest. During the incident, the father 'pushed Tyler to the ground and pushed his thumb into his mouth,' according to the arrest affidavit. A month later, Tyler was slapped with more than a dozen felony charges for a series of thefts from vehicles – and for using stolen credit cards at local gas stations. Tyler Boebert pleaded guilty last October to a single charge of attempting to commit identity theft and was given a two-year deferred judgment, allowing his felony to be cleared from his record after completing his 24-month probation term. He was required to complete 80 hours of community service and was banned from using controlled substances. It was not immediately clear whether the most recent citation would be a breach of his probation. He is due in Weld County Court on September 8. Lauren Boebert did not immediately return The Independent's request for comment.

Business Insider
23 minutes ago
- Business Insider
Trump strikes a deal with the EU on tariffs
The US and the EU reached a trade deal on Sunday after negotiations in Scotland between President Donald Trump and European Commission President Ursula von der Leyen. The deal sets 15% tariffs on most European goods imported to the United States, a significant reduction from the 30% Trump had threatened earlier, but more than the 10% the EU originally sought. In return, Trump said the EU would ramp up investments in the United States. "The European Union is going to agree to purchase from the United States $750 billion worth of energy," Trump told reporters. "They are going to agree to invest into the United States $600 billion more than they're investing already." The EU also agreed to purchase a "vast amount" of military equipment from the US. "I think it's the biggest deal ever made," Trump said. There are some exceptions to the 15% tariffs, including steel, which Trump said would remain at the 50% he earlier set for all countries worldwide. The agreement comes days before August 1, when the Trump administration's tariffs will go into effect for numerous countries, some of which could face levies as high as 50%. Commerce Secretary Howard Lutnick said Sunday that there would be no more extensions and that tariffs would go into effect on August 1 as planned.