2025-07-27 21:02
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2025-07-27 21:02
President Donald Trump informed on Sunday that the United States reached a trade agreement with the European Union after a key conversation with the chairwoman of the European Commission Ursula von der Leyen a few days before the date of introduction of customs customs duties on August 1.
Trump said that the agreement imposes a 15 % duty on most European goods sent to the USA, against the 30 % duty, which he threatened the largest trading partner of the United States.
The American leader also announced that the European Union would buy American military equipment worth hundreds of billion dollars, but did not give a specific amount.
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Donald Trump also said that the European Union agreed to buy American energy for $ 750 billion and invest an additional $ 600 billion in the US over the current level.
He also added that the contract between the EU and the USA regarding steel and aluminum remains unchanged.
Trump stated that the commercial agreement “will be perfect” for the automotive market and will have a great impact on agriculture. In the opinion of Trump, it is the largest agreement in US history concluded with the EU.
This is a very important contract, a very large contract, the largest of all, “said Trump and von der Leyen.” This is a good contract, a huge contract, and negotiations will be difficult, “said von der Leyen after the meeting.
The Sunday advertisement is a breakthrough moment for Trump after weeks of uncertainty around commercial talks between the USA and the European Union.
Von der leyen: there will be zero customs rate for aircraft and some chemicals and generic drugs
The chairwoman of the European Commission Ursula von der Leyen, after agreeing with the American President Donald Trump, between the EU and the US, announced that according to her 15 % The customs rate will cover the overwhelming part of EU exports to the United States, including Car, semiconductor and pharmaceutical industry.
“We have stabilized one customs rate of 15 percent for the vast majority of EU exports. This rate will apply in most sectors, including in the car industries, semiconductor and pharmaceutical. EC.
At the same time, she announced that there will be a zero customs rate in trade between the EU and the USA, including for aircraft, some chemicals, generic drugs and agricultural products.
When asked if she was sure that the US will not raise their duties on pharmaceuticals von der Leyen emphasized that “we are sure that it will be 15 percent.”
“However, another issue is what decision the United States will make globally,” she added.
Ireland Prime Minister said that the agreement “introduces clarity and predictability to commercial relations between the EU and the USA.”
“This means that the higher duties will now apply than before, and this will affect the trade between the EU and the US, making it more expensive and more difficult,” said the department of the Prime Minister of Ireland.
Despite this, this agreement “creates a new era of stability” – it was written in a statement.
According to the European Council, the value of commercial relations between the US and the European Union in 2024 was estimated at EUR 1.68 trillion, taking into account both trade in services and goods.
Although the EU recorded a surplus in trade in goods, it had a deficit in the service sector. As a result, the EU achieved a general commercial surplus from the USA in the amount of approximately 50 billion euros last year.
Brussels was preparing for the scenario of no agreement with the USA. The legislators approved a large counter -packet that would cover a number of goods from the USA. The block also considered the implementation of the EU “anti -violence instrument”, a move perceived as a “commercial Bazaoka”. (PAP Biznes)
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