US, EU strike trade deal with broad 15% import tariff on most European goods

US, EU strike trade deal with broad 15% import tariff on most European goods

The United States struck a framework trade deal with the European Union on Sunday, imposing a 15% US import tariff on most EU goods, but averting a spiralling battle between two allies which account for almost a third of global trade.

European Commission President Ursula von der Leyen sits with U.S. President Donald Trump, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, Britain. Reuters