
Key points from US-EU trade deal by Trump and Ursula von der Leyen
The EU and US have agreed on tariffs to avoid a trade war, with a 15 percent American tariff on most imports from the bloc. The deal includes Europe spending on US energy products and weapons, as well as a 15 percent tariff on most EU exports to the US, including cars.
The agreement was reached after a meeting between European Commission President Ursula von der Leyen and US President Donald Trump at his Turnberry golf resort in Scotland. The deal's details are being examined.
The 15 percent tariff, though lower than initially threatened by Trump, has drawn mixed reactions. While von der Leyen sees it as bringing certainty, some German leaders view it as an insufficient compromise that could harm the export-driven industry.
The EU has committed to strategic purchases and investments in the US during Trump's terms. Tariffs on European steel and aluminum will remain at 50 percent. The agreement allows for zero-for-zero tariffs on various products, with the possibility of more items being included. Trump can increase tariffs if European countries fail to meet investment commitments.