Trump announces a trade agreement with the European Union
NEWYou can now listen to Fox News articles!
President Donald Trump and the president of the European Commission, Ursula von der Leyen, announced on Sunday a trade agreement between the United States and the European Union.
The announcement occurred for a few moments after the two addressed to the media, agreeing that the probability of an agreement was around 50-50. Von Der Leyen said the negotiations had taken a “big job”, but the two leaders agreed that they were satisfied with the result.
“We agree that the rate directly for cars and that everything else will be a right access rate of 15%,” said Trump.
“So we have a price of 15%. We have the opening of all European countries, which I think I could say being essentially closed. I mean, you do not take exactly our orders. You do not take exactly our agriculture,” he added, addressing Von der Leyen.
Turnberry, Scotland – July 27: the president of the European Commission Ursula von der Leyen meets American president Donald Trump at the Trump Turnberry Golf Club on July 27, 2025 in Turnberry, in Scotland. (Photo of Andrew Harnik / Getty Images)
Von der Leyen said Europe will also buy $ 150 billion in American energy as part of the agreement, in addition to making $ 600 billion in other investments in the United States
Trump goes to Scotland to talk about golf, politics and commerce
Trump and Von Der Leyen had seemed uncertain if an agreement would be concluded while they were talking to the press in Scotland on Sunday.
“We can’t wait to talk to see if we can do something,” said Trump about negotiations. “We had a very good relationship over the years, but it was a very unilateral transaction, very unfair for the United States.”
Answering the question of a journalist, Von Der Leyen agreed with Trump that there should be a “rebalancing” of bilateral trade, which is worth billions of dollars.
The president of the European Commission, Ursula von der Leyen, said that the negotiation of a trade agreement with the United States has taken “big monthly”.
Click here to obtain the Fox News app
“It’s about rebalanced,” said Von Der Leyen, sitting next to Trump. “You can call it equity, you can call it rebalance. We have a surplus and the United States has a deficit, and we have to rebalance it.”
