The understanding was achieved after a meeting in Scotland and aims to avoid climbing the commercial conflict between the two blocks, offering predictability to transatlantic relations.
US President Donald Trump announced on Sunday that Washington and Brussels arrived at a trade agreement to fix the tariffs on European products in 15%.
The announcement was made after a meeting with the president of the European Commission, Ursula Von Der Leyen, at the Tryberry golf resort, Scotland.
“We reached an agreement. It’s a good deal for everyone”Trump told journalists, expressing satisfaction with the outcome of negotiations. Ursula von der Leyen confirmed the understanding and also classified it as a“good deal”For both parties.
This understanding arises after weeks of growing tension, in which the United States threatened to impose tariffs up to 30% on European imports if a solution was not found.
The agreement now reached seeks to stop a climb in the trade conflict between the two blocks, offering predictability to transatlantic relations.