US and EU agree on 15 percent tariffs to avert trade war | Business and Economy News

US president and his EU counterpart strike sweeping 15 percent tariff deal to stabilise transatlantic trade.

The US and EU have agreed on a sweeping trade deal to set a 15 percent tariff on most goods, averting a potential transatlantic trade war. This agreement, reached during a meeting between President Trump and EU Commission President von der Leyen, aims to stabilize trade and includes commitments from the EU to purchase US energy and military equipment.