This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Trump says U.S. has reached commerce take care of European Union as Aug. 1 deadline loomed
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > World > Trump says U.S. has reached commerce take care of European Union as Aug. 1 deadline loomed
World

Trump says U.S. has reached commerce take care of European Union as Aug. 1 deadline loomed

Editorial Board Published July 27, 2025
Share
Trump says U.S. has reached commerce take care of European Union as Aug. 1 deadline loomed
SHARE

President Trump introduced Sunday that the US and the European Union had reached a commerce deal after high-stakes conferences in Scotland, simply days shy of Friday’s White Home deadline to enact tariffs.

Mr. Trump met with prime European officers demanding fairer commerce with the 27-member European Union at his golf course on the Scottish coast.

“It was a very interesting negotiation. I think it’s going to be great for both parties,” the president mentioned.

The deal, in line with European Fee chief Ursula von der Leyen, is a 15% tariff throughout the board. She praised Mr. Trump, calling it a “good deal” and a “huge deal” that adopted “tough negotiations.”

“We have a deal. We have a trade deal between the two largest economies in the world, and it’s a big deal, it’s a huge deal,” she mentioned. “It will bring stability. It will bring predictability.”

President Trump and European Fee President Ursula von der Leyen communicate as they meet on the Trump Turnberry golf course in Turnberry, Scotland.

Jacquelyn Martin / AP

Mr. Trump mentioned, “I think we both wanted to make a deal,” and he predicted it might “bring us closer together.” Mr. Trump additionally mentioned greater than as soon as to reporters Sunday that it was the “biggest of all the deals.”

Von der Leyen mentioned the negotiations addressed the EU’s commerce surplus with the U.S., and the deal can be carried out in a method that might allow commerce to proceed whereas jobs on “both sides of the Atlantic” can be rebalanced.

Based on Mr. Trump, the deal additionally consists of that each one European Union international locations might be “opened up for U.S. goods” at 0% and the bloc will make investments $600 billion within the U.S. The EU may also buy $750 billion of U.S. vitality as a part of the deal.

“They are going to agree to invest into the United States $600 billion more than they’re investing already,” Mr. Trump mentioned. “So they’re investing a large amount of money. You know what that amount of money is–It’s very substantial.”

In remarks earlier than the session, Mr. Trump pledged to alter what he characterised as “a very one-sided transaction, very unfair to the United States.”

“I think the main sticking point is fairness,” he mentioned whereas additionally noting, “We’ve had a hard time with trade with Europe, a very hard time.”

Trump Scotland

President Trump shakes arms with European Fee President Ursula von der Leyen as they meet on the Trump Turnberry golf course in Turnberry, Scotland, Sunday, July 27, 2025.

Jacquelyn Martin / AP

And not using a deal, Mr. Trump had threatened to hit imports from the EU’s 27 member international locations with a 30% tariff price. The president has lengthy been crucial of the U.S.-EU commerce relationship, claiming the U.S. has been handled unfairly. Final 12 months, the U.S. commerce deficit with the EU was about $235 billion.

Becoming a member of von der Leyen had been Maros Sefcovic, the EU’s chief commerce negotiator; Björn Seibert, the top of von der Leyen’s Cupboard; Sabine Weyand, the fee’s directorate-general for commerce, and Tomas Baert, head of commerce and agriculture on the EU’s delegation to the U.S.

Their assembly got here after Mr. Trump performed golf for the second straight day at his Turnberry course on the southwest coast of Scotland, this time with a bunch that included sons Eric and Donald Jr. The president’s five-day go to to Scotland is constructed round golf and selling properties bearing his title.

Ellen Uchimiya

contributed to this report.

Extra from CBS Information

TAGGED:AugdeadlinedealEuropeanloomedreachedtradeTrumpU.Sunion
Share This Article
Twitter Email Copy Link Print
Previous Article ‘Fantastic Four: First Steps’ scores Marvel’s first 0 million field workplace opening of 2025 ‘Fantastic Four: First Steps’ scores Marvel’s first $100 million field workplace opening of 2025
Next Article Slovenian rider Tadej Pogačar wins the Tour de France for the fourth time Slovenian rider Tadej Pogačar wins the Tour de France for the fourth time

Editor's Pick

Kate Middleton in a Wig? Web Reacts to Princess as a Blonde

Kate Middleton in a Wig? Web Reacts to Princess as a Blonde

Studying Time: 3 minutes Kate Middleton is formally a blonde. And the controversy is formally underway. Late final month, the…

By Editorial Board 4 Min Read
Sydney Sweeney Launches Jimmy Choo Advert Marketing campaign, Sparks But One other Controversy
Sydney Sweeney Launches Jimmy Choo Advert Marketing campaign, Sparks But One other Controversy

Studying Time: 2 minutes As you’ve little question heard by now, Sydney…

3 Min Read
Sony’s Earlier Flagship Headphones Are 0 Off (and Nonetheless Higher Than Most Different Headphones)
Sony’s Earlier Flagship Headphones Are $100 Off (and Nonetheless Higher Than Most Different Headphones)

Some individuals at all times need the latest model, however when you're…

3 Min Read

Oponion

Activision Blizzard Revenue Falls as Call of Duty Demand Sputters

Activision Blizzard Revenue Falls as Call of Duty Demand Sputters

Activision Blizzard Inc. ATVI -0.95% ‘s first-quarter sales and profit…

April 25, 2022

Okay So I Clicked on “Castle” at 2AM and Things Got Weird

Princess. Dragon. Kingdom. Knight. Wait what?…

August 22, 2025

Did the Waukesha killings even happen?

OPINION: Last Tuesday, Erick Tiegs, 16,…

December 7, 2021

Russian oligarchs with hyperlinks to Kremlin face UK ban underneath new sanctions | Politics Information

Russian oligarchs with hyperlinks to the…

February 24, 2025

TN BJP accuses Stalin of insulting PM Modi by skipping Rameswaram occasion

Tamil Nadu Chief Minister M.Ok. Stalin,…

April 7, 2025

You Might Also Like

Are there velocity cameras on Floyd Hill alongside Interstate 70?
World

Are there velocity cameras on Floyd Hill alongside Interstate 70?

No. The Colorado Division of Transportation has not put in velocity enforcement cameras on Floyd Hill, or wherever else on…

2 Min Read
New Zealand father on the run virtually 4 years together with his children shot useless by police, authorities say
World

New Zealand father on the run virtually 4 years together with his children shot useless by police, authorities say

Wellington, New Zealand — A person who evaded authorities together with his three youngsters within the distant New Zealand countryside…

7 Min Read
New dwelling secretary to host talks on individuals smuggling as small-boat crossings hits 30,000 | UK Information
World

New dwelling secretary to host talks on individuals smuggling as small-boat crossings hits 30,000 | UK Information

The brand new dwelling secretary will host talks on tips on how to cease individuals smuggling in her first main…

4 Min Read
Immune System Can Be Reprogrammed to Heal Physique Quicker–Soar-Beginning it by way of Electrical Stimulation
World

Immune System Can Be Reprogrammed to Heal Physique Quicker–Soar-Beginning it by way of Electrical Stimulation

Immune cell – Credit score: Sara Pensa / College of Cambridge / SWN The immune system will be “reprogrammed” to…

5 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?