EU head Ursula von der Leyen and US President Donald Trump on Sunday struck a deal on tariffs, just days before the August 1 deadline when Trump had threatened to impose steep levies on European goods had an agreement not been reached. These are the key takeaways from the deal:
EU Chief Ursula von der Leyen and US President Donald Trump agreed on the deal on July 27, 2025. ยฉ Samuel Corum, Getty Images via AFP/ File picture
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