{"id":298326,"date":"2025-07-28T11:17:10","date_gmt":"2025-07-28T11:17:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/298326\/"},"modified":"2025-07-28T11:17:10","modified_gmt":"2025-07-28T11:17:10","slug":"trump-announces-trade-deal-with-european-union","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/298326\/","title":{"rendered":"Trump announces trade deal with European Union"},"content":{"rendered":"<p class=\"article-text\">US President Donald Trump has announced a trade agreement between the United States and the European Union that includes a 15 percent tariff on most imports from EU countries.<\/p>\n<p class=\"article-text\">\u00a0Speaking during a meeting with European Commission President Ursula von der Leyen in Scotland, Trump said the agreement followed intensive negotiations and aims to reduce the US trade deficit and establish a more balanced economic relationship between the two sides.<\/p>\n<p class=\"article-text\">\u00a0He noted that the US trade deficit with the EU reached US$235.6 billion in 2024.<\/p>\n<p class=\"article-text\">\u00a0The president revealed that pharmaceutical products would be exempt from the new tariffs, along with limited exclusions for aircraft and medical equipment.<\/p>\n<p class=\"article-text\">\u00a0Trump added that the tariff rate, initially expected to reach 30 percent, was reduced to 15 percent under the new agreement, which is set to take effect in August.<\/p>\n<p class=\"article-text\">\u00a0Von der Leyen expressed the EU\u2019s satisfaction with the agreement, describing it as a balanced outcome for both parties.<\/p>\n<p class=\"article-text\">\u00a0She also stated the EU\u2019s intention to increase purchases of US military equipment as part of the bilateral understanding, while remaining prepared to introduce precautionary trade measures if necessary.<\/p>\n<p class=\"article-text\">WAM<\/p>\n","protected":false},"excerpt":{"rendered":"US President Donald Trump has announced a trade agreement between the United States and the European Union that&hellip;\n","protected":false},"author":2,"featured_media":298327,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[33049,19289,2000,299,5187,1699,1201,1757,7922,6095],"class_list":{"0":"post-298326","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-announces","9":"tag-deal","10":"tag-eu","11":"tag-europe","12":"tag-european","13":"tag-european-union","14":"tag-trade","15":"tag-trump","16":"tag-union","17":"tag-with"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114930584450000403","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/298326","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=298326"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/298326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/298327"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=298326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=298326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=298326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}