The EU and the US agree to the trading deal with 15% rates for European exports to America

The United States and the European Union have reached a commercial transaction, terminating a monthly opposition between two of the world’s key economic partners.

Following the negotiations on or interrupting President Donald Trump and European Commission President Ursula von der Leyen in Scotland, the couple agreed to the US Tariff for all EU goods of 15%. This is half of the 30% tax rate that Trump has threatened to perform from Friday.

Trump said the 27-member block will open its markets for US exporters with zero percentage rates for certain products.

Von der Leyen also welcomed the deal, saying that it would bring stability to both allies, which together represent almost one -third of world trade.

Trump has threatened the tariffs against major US trading partners in an attempt to reconstate the global economy and reduce US trade deficit.

In addition to the EU, it also reached tariff agreements with the United Kingdom, Japan, Indonesia and Vietnam, although it has not achieved its goal for “90 deals in 90 days”.

The deal on Sunday was announced after private negotiations between Trump and von der Leyen on his Turnberry golf course in southern Iryshire.

Trump – who is on a five -day visit to Scotland – said after a short meeting with the President of the European Commission: “We have achieved a deal. This is a good deal for everyone.”

“This will bring us closer,” he added.

Von der Leyen also welcomed him as a “huge deal” after “difficult negotiations”.

According to the agreement, Trump said the EU would increase its US investment by $ 600 billion (£ 446 billion), buy hundreds of billions of dollars US military equipment and spend $ 750 billion on energy.

This investment in American liquefied natural gas, oil and nuclear fuels BI, said von der Leyen, to help reduce European reading of Russian energy sources.

“I want to personally thank President Trump for his personal commitment and his management to achieve this breakthrough,” she said.

“He is a difficult negotiator, but he is also a deal.”

The US President also said the 50%tariff, which has realized steel and aluminum worldwide, will remain in place.

Both sides can draw this agreement as something like a victory.

For the EU, the tariffs could have been worse: it is not as good as the 10% rate of the United Kingdom, but is the same as a 15% percentage that Japan negotiates.

For the United States, this is the expectation of approximately $ 90 billion in tariff revenue from state cash registers – based on last year’s commercial data, plus now has hundreds of billions of dollars investment that should enter the United States.

The EU -US goods trade amounts to about $ 975.9 billion last year. Last year, the United States imported about $ 606 billion in EU goods and exported around $ 370 billion.

This imbalance or commercial deficit is a sticking point for Trump. He says trade relations like this mean the US is “losing”.

If he followed the tariffs against Europe, import taxes would be imposed on products from Spanish pharmaceutical products to Italian skin, German electronics and French cheese.

The EU had said he was ready to take revenge on US goods rates, including car parts, Boeing planes and beef.

British Prime Minister Cayer Starmer plans his own meeting with Trump in Turnberry on Monday.

Trump will be in Aberdeen on Tuesday, where his family has another golf course and will open the third next month.

The president and his sons are planning to help reduce the tape of the new pharmaster.