The USA and the European Union ended up in trade agreementsaid the US president Donald Trump. Trump announced the deal by speaking to reporters at his Golf Resort in Turnberry, Scotland, shortly after his brief meeting with the Commission President Ursula von der Layen. “We came to an agreement. It’s a good deal for everyone, “Trump said. “It will bring us closer … It’s a collaboration, in a sense,” he added. Ursula von der Laien also described her as a “huge agreement”, which was reached after “harsh negotiations”.

According to Trump, duties imposed on European products exported to the US will reach 15%. The duties on steel and aluminum “remain as they are,” he added. The EU will buy military equipment from the US, $ 750 billion energy and will invest $ 600 billion, he said. The US president then congratulated the deal. “The agreement with the EU is the biggest agreement ever made,” Trump said. “15% duties include cars.”

Continuing, Trump argued that the agreement with the EU “will be great for cars” and added that there would be a major impact on agriculture. “Agreements with three to four other countries are being considered. Most other agreements will have a specific duty rate. Countries will probably receive a clarification or confirmation letter this week.

“The trade agreement will bring stability,” said von der Laiene, on her part, referring to 15%duties.

In her latest statements, von der Laen said that “today’s agreement creates certainty and stability for businesses on both sides of the Atlantic. This agreement confirms transatlantic cooperation. ” Commenting on the trade agreement, he spoke of 15% duties for the larger majority of EU exports, including cars, semiconductors and pharmaceuticals. He also spoke of agreement on zero duties for strategic products, such as aircraft components, some chemicals and certain agricultural products. He also said that there would be large markets for American liquefied natural gas (LNG). “We still have an excessive amount of Russian LNG and, therefore, the more affordable LNG market is very welcome than the US.” Referring to the tariff agreement, he said that this agreement would have a positive impact on European companies. “15% duties were the best tariff rate we could achieve in the car sector,” while confirmed 15% for medicinal products.

Ursula von der Laien also said that the agreement was not involved in any decision on the alcoholic beverages. He told reporters that the alcoholic beverage sector was one of the areas where the details of the agreement should be thoroughly examined in the coming weeks.

The details of the trade agreement will be disclosed in the coming weeks, the Commission’s president stressed.

The two delegations applauded when their leaders exchanged handshake twice. The agreement, the details of which are not yet known, should be ratified by EU member states. Their permanent ambassadors, who are in Greenland, were informed in the morning about the latest developments and will meet to ratify it.

The deal will provide welcome clarity to EU companies, Reuters notes. However, the 15% duty will be regarded by many in Europe as an insufficient result compared to the original European objective of a zero duty agreement, although it is a better duty than a 30% threat.

Trump, who is seeking to rearrange the world economy and reduce US trade deficits, has so far entered into agreements with Britain, Japan, Indonesia and Vietnam, although his government has failed to keep its promise of 90 days. Trump had repeatedly criticized the European Union, saying that it was “created to harm the US” in the field of trade.

The main problem for him is the US trade deficit over the EU, which in 2024 reached $ 235 billion, according to US statistical data. The EU highlights the US surplus in the service sector, which, he argues, is partially compensated for the deficit.

For the US, followed by China

Announcing the agreement with the EU, shortly after those of the previous days with Japan, Vietnam, the Philippines and Indonesia, did Donald Trump try to divert the attention from Jeffrey Estin’s case? A journalist immediately asked the Republican president. “Do you make fun of me? It has nothing to do with. Only you think about this, today which is a good day for the European economy and the American economy, “Trump replied dryly.

Tomorrow, it will be China’s turn and the negotiators of the two countries will try to avoid a new escalation at the meeting in Stockholm.