U.S. And European Union Agree On Trade Deal—Setting Tariffs At 15%

The U.S. has agreed to a trade deal with the European Union, President Trump and European Commission President Ursula von der Leyen announced Sunday afternoon, agreeing to a 15% tariff rate on most exports, including European cars, from EU countries—just days before the Aug. 1 deadline set for Trump’s “reciprocal” tariffs.

READ MORE: https://www.forbes.com/sites/zacharyfolk/2025/07/27/us-and-european-union-agree-on-trade-deal-setting-tariffs-at-15/