Biggest Deal Ever: Trump and von der Leyen Announce Landmark EU-U.S. Trade Pact
In a historic announcement made Sunday in Scotland, U.S. President Donald Trump and European Commission President Ursula von der Leyen unveiled a groundbreaking trade agreement designed to reshape transatlantic economic relations. This monumental pact introduces a 15% tariff on European Union goods entering the United States while simultaneously pledging significant financial commitments on both sides of the Atlantic.
At the heart of the agreement lies a staggering $750 billion commitment from Europe toward energy purchases, reflecting a strategic pivot in sourcing and supply chains. Additionally, the deal promises $600 billion in new investments from the EU into the U.S., signaling a robust future for bilateral trade and economic collaboration.
President Trump characterized the agreement as “the biggest deal ever made,” underscoring its potential impact on both economies. Meanwhile, von der Leyen emphasized the stabilization and predictability this pact brings to transatlantic commerce, crucially addressing long-standing tensions and uncertainties that had clouded negotiations for months.
While the agreement does not fully achieve the EU’s aim of eliminating tariffs altogether, it marks a significant advancement over previous threats of a 30% tariff, signaling a willingness on both sides to find common ground. This trade pact is expected to foster interconnectedness, enhance market access, and revitalize economic cooperation across the Atlantic, showcasing a renewed commitment to partnership in an increasingly complex global landscape.
As both leaders bask in the glow of this landmark deal, the world watches with keen interest to see how this fresh chapter in U.S.-EU relations unfolds.
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Video “”Biggest deal ever”: Trump announces EU-US trade pact with 15% tariffs” was uploaded on 07/27/2025 to Youtube Channel Global News
If Trump's new tariffs are paid for by the American consumer, why is the whole world pitching a fit?
E.U. now finaly has to start to tax US monopoly operations in Europe seriously. With seriously i mean at least 15 % of their revenue. In that field European competitors urgently need some advantage to develop. To safe democracy is obviously also a matter, of how to push back influence of harmfull monopolys like Meta and Amazon.
TRUMPS TARIFFS HAVE CONTROL OVER HER
EU folded like a cheap suit….. shame on Canada for thinking the EU would help them
The Marshall Plan is officially over.
Wow
Seems like a dumb deal eu gets hit with 15 USA gets zero plus large pay offs…. Should’ve told them to pound sand
Grandma was voted for by who?
Communist Europe. Who voted for her???,,
how much got UvdL to agree to such a vassal deal?
This isnt a trade deal. This is The Empire shaking down its vassal.
and little carneys liberals said they will sue TRUMP???
LETS SEE THEM TRY
I'm Canadian and not a big fan Trump because he did this to us too. But he's a patriot for his contry and also drawn a huge line about America subsidizing the rest of the world.
CANADA is the only one left. I don't see Canada come on top on this. Maybe it is better to become 51 state.
JUST LIKE TRUDEAU. HE WENT ON VACATION AND FIDDLED AROUND CANADA WHILE MEXICO MADE A DEAL. NOW CARNEY IS ON VACATION OR FIDDLING AROUND WHILE EU DEALS. NOW CANADA IS LEFT OUT IN THE COLD. NOW YOU GET THE LEFTOVERS. SAY GOODBYE TO THAT "NEW" MARKET IN EUROPE. NOW YOU'VE DONE IT! ALL YOU LIBERALS WILL WANT TO RIP HIM TO RIBBONS WHEN THE REALTY OF WHAT JUST HAPPENED BEGINS TO HIT. YOU'VE MADE A HUGE MISTAKE. YOU WILL GET A HUGE ECONOMIC RESET NOW AND YOU DON'T REALIZE BECAUSE YOU LET HATRED FOR TRUMP OVERTAKE REASON. YOU SHOULD HAVE SEEN THIS COMING.
the elbows up idiotic people on here wow….
If you don't like America, get off YouTube. YouTube is an American company. This should be a wakeup call.
can anybody in their right mind see FJB. sitting there ?????
This is going to raise our energy bills exponentially. Thanks.
TACO 🌮 Carney 🇨🇦 is next 😂 💪🏻🇺🇸
So basicly the EU agreed that Americans should only pay 15% more to buy their products , thats a deal 😂😂😂
That's what you get when you can no longer count on Russian cheap energy. You instantly become blackmailed by your "friend" ober the oncean. The same friend that stirred the Ukraine conflict on purpose just to cut europe from Russian energy.
That's why he's the master negotiator ! The longer Canada holds out , the worse deal we'll get.
Domestic manufacturers may be able to increase their prices due to a reduction in competitive pressure. The tariffs, along with reduced competitive pressure, contribute to inflation for American consumers. I believe it will also lead to an increase in boycotts.
China rejected and left with a climate agreement, Nothing left for the EU, only choice was to accept what ever the US said.
This is an agreement on a possible trade deal. An actual deal would have to be approved by all 27 EU countries. Now, even if it goes into effect…
On the 600 billion investment, that's pure theory; reality will be to convince EU investors to spend their money in the U.S.
Besides services, the EU sells a lot of products in the U.S. but buys little. You can find a lot of U.S. brands on the European markets but their products almost entirely come from local factories, they are in fact domestic European producers. The only benefits in the U.S. are for the shareholders of these companies. By the same logics, if EU business invest and make profits in the U.S. the benefits will go to Europe.
Imposing a 15% tax on EU exports to the U.S. and a zero tariff on U.S. goods imported into the EU, what does it mean? The American consumers will have to pay more for EU imports (15% tax ILO 2.5 to 4.8 % tax before Trump) and the European consumers will have the same, few products imported from the U.S. at the same price. And the EU consumers won't magically start buying more U.S. cars or food because Trump wants it. American producers would first have to adjust to the European markets, i.e. make smaller and fuel-efficient cars, and safer food (no chlorinated chicken or beef on steroids).
This being said, such a deal would probably hurt some EU producers as their American consumers might import less due to the price increases, or they'd have to decrease their profit margin. But the same producers have been actively working for the last few months on finding alternative markets outside the U.S. It's a large world.
To make it short, this deal, if it ever comes into effect, will come to a lose-lose situation on both sides of the Atlantic. Increased inflation on the U.S. side and loss of customers on the European side.
Some say that Van Der Leyen has agreed on this "framework of a deal" only to calm down Trump for the time being and gain more time. She knows that it would have to go through all 27 national parliaments (and one negative vote is enough to veto it), i.e. more delays before anything actually happens. In the meantime TACO can change his mind one way or the other, she also knows that. Wait and see.