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Updated Jul 28, 2025 09:06 IST

US, EU ink trade deal with 15% tariff - details

US, EU ink trade deal with 15% tariff – details (image: ETNOW Digital)

Article Highlights

15% US Tariff on EU Goods: A uniform 15% tariff will apply to most European imports, replacing the previously threatened 30% rate.European companies will invest $600 billion in US infrastructure, defense, semiconductor fabrication, and clean energy. EU nations will purchase large volumes of US military hardware.Von der Leyen, describing Trump as a tough negotiator, said the 15% tariff applied “across the board”, later telling it was “the best we could get.”

The newly finalized US –EU trade deal, announced on July 27, 2025, represents a major restructuring of transatlantic commerce and includes several key filings and provisions:

15% US Tariff on EU Goods: A uniform 15% tariff will apply to most European imports, replacing the previously threatened 30% rate.

Von der Leyen, describing Trump as a tough negotiator, said the 15% tariff applied “across the board”, later telling it was “the best we could get.”

“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,” she said.

Energy Purchases: The EU will buy $750 billion in US energy over three years, primarily liquefied natural gas (LNG), as part of its pivot away from Russian supply.

European companies will invest $600 billion in US infrastructure, defense, semiconductor fabrication, and clean energy. EU nations will purchase large volumes of US military hardware.

Some goods will not attract any tariffs, including aircraft and components, certain chemicals, generic pharmaceuticals, semiconductor equipment, select agricultural products, natural resources and critical raw materials.

“It was a very interesting negotiation. I think it’s going to be great for both parties,” Trump said. The agreement, he said, was “a good deal for everybody” and “a giant deal with lots of countries.””

“With the agreement, we have succeeded in averting a trade conflict that would have hit the export-oriented German economy hard,” German Chancellor Friedrich Merz said in a government statement, adding that the automotive sector was particularly vulnerable to the 27.5% U.S. tariff now being reduced.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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