President Trump announced a major trade deal with the European Union, setting a baseline tariff of 15 percent on most EU goods, including cars. In return, the EU agreed to buy $750 billion in U.S. energy and invest $600 billion in the American economy. The agreement averts a looming trade war with America’s largest trading partner and marks Trump’s most significant trade move yet. While some tariff levels remain unclear, both sides say the deal creates stability and opens the door for future negotiations on broader economic cooperation.
