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U.S. and EU Reach Trade Framework Setting a 15 Percent Tariff on Most European Goods

Sunday, July 27, 2025 · Federal · GSM News

On July 27, 2025, President Donald Trump and European Commission President Ursula von der Leyen announced at Turnberry, Scotland, that the United States and the European Union had reached a trade framework agreement: most European goods entering the United States will face a 15 percent tariff, the EU committed to buy $750 billion worth of U.S. energy and to invest $600 billion more in the United States, and the threatened 30 percent tariff that had been set to take effect on August 1 was averted.

Under the terms the two leaders announced after their meeting, the 15 percent rate covers major EU exports including automobiles, semiconductors and pharmaceuticals. The two sides also agreed on zero-for-zero tariffs on a range of strategic products, including all aircraft and component parts, certain chemicals, certain generic drugs, semiconductor equipment, some agricultural products, natural resources and critical raw materials. Trump said steel and aluminum were not included in the framework and that their tariffs would stay as they were.

On energy and investment, von der Leyen told reporters after the meeting that the $750 billion in U.S. energy purchases would be spread over the next three years and would help the bloc ease its dependence on Russian natural gas, and that the $600 billion was investment the EU would add on top of its current investment in the United States.

Trump called the agreement the biggest deal ever made, and von der Leyen said it followed tough negotiations and would bring stability and predictability for businesses on both sides of the Atlantic. Both leaders said at the time that it was a framework whose details were still to be worked out in the following weeks.

(Source: The White House)

Source: The White House

Published by GSM · USA (original Chinese edition)

Photo: 图:2025年7月27日,特朗普总统在苏格兰 Turnberry 与欧盟委员会主席 Ursula von der Leyen 会晤,冯德莱恩在会上发言、特朗普在旁聆听;双方当天宣布美欧贸易框架协议。白宫官方照片,公共领域,经 Wikimedia Commons。 / Photo: President Donald Trump meets European Commission President Ursula von der Leyen at Turnberry, Scotland, on July 27, 2025, as von der Leyen speaks and Trump listens; the two sides announced the U.S.-EU trade framework that day. Official White House photo, public domain, via Wikimedia Commons.

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