Trump announces US and EU reached framework for a trade deal - CNN

President Donald Trump announced Sunday that the United States and the European Union reached a model for a commercialized deal, aft talks with European Commission President Ursula von der Leyen successful Turnberry, Scotland. Trump announced a 15% across-the-board levy connected imports from the 27-nation European Union, ending a monthslong saga with America’s largest trading spouse arsenic the EU sought to support baseline tariffs astatine 10%. “We are agreeing that the tariff consecutive crossed for automobiles and everything other volition beryllium a straight-across tariff of 15%,” Trump said. Speaking alongside von der Leyen, the president said the EU “is going to hold to acquisition from the United States $750 cardinal worthy of energy. They are going to hold to put into the United States $600 cardinal much than they’re investing already.” “All of the countries volition beryllium opened up to commercialized with the United States astatine zero tariffs, and they’re agreeing to acquisition a immense magnitude of subject equipment,” Trump added. Trump said the statement with the European Union “is the biggest woody ever made.” #CNN #News