Trump enters the crucial commercial week and Fed’s decision of the eye drops

As president Donald Trump Returns in Washington after a quick trip to Scotland, global trade agreements and the interest rate decision of the federal reserve should exceed its program this week.

Trump announced a trade agreement on Sunday with European Union The president of the Ursula von der Leyen commission in Turnberry, Scotland.

Trump announces a trade agreement with the European Union

The president said that the United States will impose a 15% tariff on goods imported from the 27-country block. The previous rate rate has been set at 30%.

The EU’s von der Leyen said that Europe will also buy $ 150 billion in American energy as part of the agreement, in addition to making $ 600 billion in other investments.

President Donald Trump shakes hands with the president of the European Commission Ursula von der Leyen after their meeting in Turnberry, Scotland, on July 27, 2025. (Brendan Smialowski / AFP / Getty Images)

Before fruitful commercial negotiations, Trump had assessed the Chances of a 50/50 agreementCiting unresolved problems on the European automotive market and American agricultural goods.

“It is a question of rebalanced,” said Von Der Leyen to journalists alongside Trump. “We have a surplus and the United States has a deficit, and we have to rebalance it.”

Where are Trump’s prices now and the winding road that led us here

In July, Trump announced his intention to impose a 30% rate on imports from Mexico and European Union. These prices came in the heels of a 50% levy on copper imports and Brazil products, a price of 35% on Canadian goods and other prices imposed on more than 20 countries.

The Trump administration said it did not plan to extend or delay transactions beyond the deadline of August 1.

Fed interest rates meeting

The president of the Federal Reserve Board, Jerome Powell, is organizing a press conference following a meeting of the Federal Market Committee opened on June 18, 2025 in Washington, DC (Win McNamee / Getty images)

President of the Federal Reserve Jerome Powell will announce a decision on the target rate of the country’s federal funds this week after a two -day meeting of the Federal Open Market Committee (FOMC).

The FOMC of 12 members will meet on July 29 to discuss monetary policyWith a key emphasis on the opportunity to try to increase or reduce the country’s interest rates.

Trump, who appointed Powell as president of the Fed In 2017, its pressure campaign increased in recent weeks, urging the central bank to reduce interest rates to 1% to stimulate economic growth.

A look at the battle of course between Trump and Powell on the Fed policy

Powell has retained the reduction rates, in part, to assess economic impact Trump’s current transactions. Powell’s expected economic approach maintained the key borrowing rate of the central bank in a range of 4.25% to 4.5%.

Trump previously put the blame on Powell so as not to reduce rates, a decision which, according to him, cost the United States “hundreds of billions of dollars”.

Before leaving for Scotland, the president called Powell to reduce the country’s interest rates, citing a solid labor market and cool inflation.

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