Europe sees capitulation
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President Donald Trump unveiled a trade agreement with the European Union on Sunday, making it the latest in a series of accords as the White House threatens to slap tariffs on dozens of countries this week.
The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.
The energy purchases are a key component of a trade deal struck between the European Union and the U.S. over the weekend.
On 18 July 2025, the Council of the European Union adopted additional measures which have been introduced in its 18th sanctions package in response to the ongoing conflict in Ukraine (the Package). Th
Europe's carmakers, already battling stiff competition from Asia and a costly transition to electric cars, were dealing with another dose of reality on Monday - tariffs imposed by U.S. President Donald Trump.
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18hon MSN
How the US-EU trade deal wards off more escalation but could raise costs for companies and consumers
U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal
The European Union agreed to buy $750 billion in U.S. energy products over the next three years, according to President Donald Trump. Analysts were struggling to see how that could be achieved. "The big question is whether that can even be achieved.