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Key elements of EU-U.S. trade deal agreed on Sunday
The U.S. and the European Union agreed on a framework trade deal on Sunday, ending months of uncertainty for industry and consumers on both sides of the Atlantic. Here are the main elements of the deal: • Almost all EU goods entering the U.S. will be subject to a 15% baseline tariff, including cars, which now face 27.5%, as well as semiconductors and pharmaceuticals. The 15% tariff is the maximum tariff and is not added to any existing rates. • However, the U.S. is to announce the result of its 232 trade investigations in two weeks and decide separately on tariff rates for chips and pharmaceuticals. Whatever U.S. ... (full story)
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From fxempire.com | Jul 28, 2025
Gold (XAUUSD) prices show uncertainty at support and remain under pressure following the breakthrough US–EU trade deal. The agreement, which ends months of tariff threats, reduces geopolitical risk. As market sentiment improves, demand for safe-haven assets tends to weaken. This shift has pushed gold prices lower towards the support zone. The deal includes ...
A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of President Donald Trump new trade deal with the European Union. On Sunday, Trump announced a trade deal with the EU, following discussions with European Commission President Ursula von der Leyen. Trump said that the deal imposes a 15% tariff on most European goods to the ...
