President Trump & EU officers maintain commerce talks
President Donald Trump and EU Fee President Ursula Von der Leyen met in Scotland for commerce talks. Ursula posted on X: “Good to be in Scotland to satisfy @POTUS for discussions on transatlantic commerce as we speak.The EU-US commerce relationship is the world’s greatest.”
President Donald Trump and European Fee President Ursula von der Leyen introduced a commerce deal between the U.S. and European Union on Sunday.
The announcement got here moments after the 2 had addressed the media, agreeing that the probability of an settlement was about 50-50.
US President Donald Trump (R) shakes fingers with European Fee President Ursula von der Leyen (L) following their assembly, in Turnberry south west Scotland on July 27, 2025 (Picture by BRENDAN SMIALOWSKI/AFP through Getty Pictures)
“We’re agreeing that the tariff straight throughout for vehicles and every little thing else will probably be a straight-across tariff of 15%,” Trump stated.
“So we now have a tariff of 15%. Now we have the opening up of the entire European nations, which I feel I may say had been basically closed. I imply, you were not precisely taking our orders. You were not precisely taking our agriculture,” he added, addressing von der Leyen.
Von der Leyen stated Europe may also buy $150 billion value of U.S. vitality as a part of the deal, along with making $600 billion in different investments into the U.S.
TRUMP HEADS TO SCOTLAND TO TALK GOLF, POLITICS AND TRADE
Trump and von der Leyen had sounded uncertain of whether or not a deal could be reached at the same time as they spoke to the press in Scotland on Sunday.
“We sit up for speaking to see if we are able to do one thing,” Trump had stated of the negotiations. “We have had, an excellent relationship through the years, nevertheless it’s been a really one-sided transaction, very unfair to the US.”
Responding to a reporter’s query, von der Leyen agreed with Trump that there should be a “rebalancing” of the bilateral commerce, which is value billions of {dollars}.
“It’s about rebalancing,” von der Leyen stated as she sat subsequent to Trump. “You’ll be able to name it equity, you may name it rebalancing. Now we have a surplus and the US has a deficit, and we now have to rebalance it.”
This can be a growing story. Verify again quickly for updates.
LINK: Get updates and extra at foxnews.com.
