Donald Trump announced a trade agreement with the European Union – “15% duties in all beyond steel and aluminum”

The US President Donald Trump and the President of the European Commission Ursula von der Layen They ended up today (27/07/2025) in a tariff agreement, at the Epirus meeting they had in Turnbury, Scotland.

After the meeting began, in camera, it was only an hour and the journalists were invited to the luxurious dance hall in the “Trump Turnbury” band. Donald Trump and Ursula von der Lainen said until earlier today that the chances of reaching an agreement were only 50%.

“We came to an agreement,” Trump announcedcharacterizing her ‘The greatest’ ever achieved in trade and distinguishing to her A promise of ‘unity and friendship’.

Von der Layen greeted a ‘Good Agreement’ that will bring “stability” For businesses on both sides of the Atlantic.

The two delegations applauded when their leaders exchanged handshakes, twice.

Trump described the deal in a few lines: 15% tariffs on imported European products, including cars, the EU is committed to buying energy products of $ 750 billion and to do Additional investments of 600 billion in the US.

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.

Von der Laien for her part, commenting on the deal, she said that 15% duties will apply to most European exports, including cars, semiconductors and drugs. Specifically for the automotivesaid the 15% duties were ‘the best we could achieve.

The two sides agreed In zero duties on either side for certain species, such as aircraft and aircraft spare parts, some farm and some chemicals. Added that Europe will buy large quantities of liquefied natural gas from the US. “We still have a lot of Russian LNG and therefore it is welcome to buy more affordable LNDs from the United States,” he commented.

So far There is no decision on the sector of alcoholic beverages and wineaccording to von der Layen. More clarification and details of the framework of the agreement will be announced within the coming weeks.

“Today’s agreement brings confidence in uncertain times, it brings stability and predictability,” he told reporters before departing from Scotland.

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 of Jeffrey Eftein’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.

Ursula von der Layen: “Today’s agreement achieves certainty in uncertain times”

“Today’s agreement is certainly confident in uncertain times,” said Commission President Ursula von der Layen, in her statements shortly after her meeting with US President Donald Trump in the US Turnbury, which included a 15% European -in -house.

Ursula von der Laien stressed that the agreement that was reached “offers stability and predictability for citizens and businesses on both sides of the Atlantic” and stressed that this was an agreement between the two largest economies in the world, with € 1.6 trillion trading.
“Just a few weeks after the NATO summit, this is the second structural element that confirms transatlantic cooperation,” the committee’s chairman added.

Specifically, referring to the details of the trade agreement, von der Layen stressed that there is a “single tariff rate of 15%” for the overwhelming majority of EU exports, which applies to most sectors, including cars, semiconductor and pharmaceuticals.

In addition, he said that zero duties were agreed on a number of strategic products: all aircraft and their components, in some chemicals, some generic drugs, in semiconductors, in certain agricultural products, in natural resources and critical raw materials. “We will continue to work to add more products to this directory,” von der Laien said.

Concerning steel and aluminum, von der Laien said that the EU and the US are facing the common external challenge of global excess production capacity and will work together to ensure the fair global competition and reduce obstacles between them. The duties will be reduced and a quotas system will be implemented.

Finally, von der Laien said that it was agreed to increase the EU-US cooperation in the energy sector. “The markets of US energy products will differentiate our sources of supply and contribute to Europe’s energy security,” he said, adding that Russian gas and oil would be replaced with significant US liquefied natural gas markets.

The President of the Commission thanked US President Donald Trump, “for his personal commitment and leadership in achieving this significant success”, saying he is “a tough but capable negotiator”.

Asked about her meeting with the US president who lasted about an hour, the Commission President said the talks were “difficult” and “fair”, but mainly “difficult” and described the result “good” and “satisfactory”. He acknowledged that 15% customs duties are certainly a challenge for some, but maintain access to the US market. Finally, he noted that the EU is trying to open new markets for European businesses.

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