Trump's trade deal with EU
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U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal. It raises tariffs on most European goods to 15%.
The Europe trade deal will see the U.S. impose a 15% import tariff on most EU goods − half the threatened rate but much more than Europeans hoped for.
The European Union pledged to buy billions of dollars’ worth of energy resources from the United States. Experts say that’s unrealistic and could hurt Europe’s climate goals.
The rate will apply in addition to individual “reciprocal” tariffs targeting countries with which the US runs a trade deficit.
President Donald Trump is headed back to Washington after securing a trade deal with the European Union and other countries work to finalize their deals before the deadline on Friday.
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Some European politicians are dismayed that the European Union did not drive a harder bargain, but facing the threat of a damaging trade war, officials say they had little choice.
Wall Street is coming off a winning week fueled by strong earnings and recent deals between the U.S. and its trading partners.
The U.S. Secret Service made an announcement regarding President Trump's golf career on Monday. President Trump, 79, played a couple of rounds of golf over the weekend. The President of the United States was in Scotland, working on a deal with the European Union. President Trump played 18 holes of ...