Trump, EU’s von der Leyen to meet to clinch trade deal

European Commission President Ursula von der Leyen is meeting with US President Donald Trump to negotiate a trade deal that could impose a 15% baseline tariff on EU goods, potentially alleviating uncertainty for EU companies, while Trump considers imposing a 30% tariff on August 1. The deal may include exemptions for certain industries and commitments for increased US exports, with both sides optimistic about reaching an agreement.

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