{"id":297154,"date":"2025-07-28T00:16:10","date_gmt":"2025-07-28T00:16:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/297154\/"},"modified":"2025-07-28T00:16:10","modified_gmt":"2025-07-28T00:16:10","slug":"eu-and-us-agree-trade-deal-with-15-tariffs-for-european-exports-to-america-4","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/297154\/","title":{"rendered":"EU and US agree trade deal, with 15% tariffs for European exports to America"},"content":{"rendered":"

Trump said the EU would boost its investment in the US by $600bn (\u00a3446bn), including American military equipment, and spend $750bn on energy.<\/p>\n

That investment over the next three years in American liquified natural gas, oil and nuclear fuels would, Von der Leyen said, help reduce European reliance on Russian power sources.<\/p>\n

Some goods will not attract any tariffs, including aircraft and plane parts, certain chemicals and some agricultural products. A separate deal on semiconductors may be announced soon.<\/p>\n

But a 50% US tariff Trump has implemented on steel and aluminium globally would stay in place, he said.<\/p>\n

“I want to thank President Trump personally for his personal commitment and his leadership to achieve this breakthrough,” Von der Leyen said.<\/p>\n

“He is a tough negotiator, but he is also a dealmaker.”<\/p>\n

Both sides can paint this agreement as something of a victory.<\/p>\n

For the EU, the tariffs could have been worse: it is not as good as the UK’s 10% tariff rate, but is the same as the 15% rate that Japan negotiated<\/a> last week.<\/p>\n

For the US it equates to the expectation of roughly $90bn of tariff revenue into government coffers \u2013 based on last year’s trade figures, plus there’s hundreds of billions of dollars of investment now due to come into the US.<\/p>\n

One thing is clear: Trump is celebrating after striking the largest trade deal in history.<\/p>\n

While there is a lot of upside for the US in this deal, it is less clear what the EU gains.<\/p>\n

It was notable that Von der Leyen spoke about “rebalancing” the trading relationship. <\/p>\n

Previously the EU has argued the relationship is not out of balance as the EU buys far more services from America than it sells to them. <\/p>\n

It sounded as though Von der Leyen was deliberately speaking Trump’s language in order to seal the agreement.<\/p>\n

It came after the US president finished 18 holes at the Turnberry resort with guests and family, including his son Eric, amid showery conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"Trump said the EU would boost its investment in the US by $600bn (\u00a3446bn), including American military equipment,…\n","protected":false},"author":2,"featured_media":297155,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5311],"tags":[49,978,659],"class_list":{"0":"post-297154","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-united-states","9":"tag-us","10":"tag-usa"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/297154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=297154"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/297154\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/297155"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=297154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=297154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=297154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}