Trump tariffs update: Trump–EU Trade Deal Brings Relief, Sets New Global Benchmark
Michael Phang2025-07-28T09:12:14-05:00July 28, 2025 The U.S. and European Union struck a long-anticipated trade agreement this week, narrowly avoiding a full-scale trade war. Announced following a meeting between President Trump and EU Commission President Ursula von der Leyen, the deal introduces a 15% baseline tariff on most European goods — a far cry from the 30% or