Donald Trump announces trade agreement with the European Union

WorldBusiness & Finance
28 Jul 2025 • 2:16 AM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

image is not available

  • Donald Trump announced a trade agreement with the European Union.
  • The agreement will cut tariff rates on imports from the EU to 15 per cent.
  • Conversely, US exports to the EU will become tariff-free under the new arrangement.
  • Trump made the announcement alongside European Commission president Ursula von der Leyen at his Turnberry golf course in Scotland.
  • Further details regarding the agreement were not immediately released by the White House.

IN FULL