President Donald Trump on Sunday unveiled a major new trade agreement between the United States and the European Union, following high-stakes negotiations with European Commission President Ursula von der Leyen at Trump Turnberry in Scotland.
The deal includes a standardized 15% tariff on automobiles and other goods and opens up previously restricted European markets to American products—particularly in agriculture and manufacturing.
“We’re agreeing to a straight 15% tariff across the board—automobiles, everything,” Trump said. “European countries are opening up in ways they hadn’t before. You weren’t exactly taking our agriculture, you weren’t exactly taking our products, but that’s now changing.”
$750 Billion in EU Commitments to U.S.
Von der Leyen confirmed that the EU will also purchase $150 billion worth of U.S. energy and invest an additional $600 billion into various sectors of the American economy.
She acknowledged the negotiations required “heavy lifting” and noted the urgency of correcting what both sides described as long-standing trade imbalances.
“It’s about rebalancing,” von der Leyen said. “You can call it fairness or rebalancing—we have a surplus, the United States has a deficit, and we have to address that.”
Trump: ‘The U.S. Has Been Treated Unfairly’
The agreement came just minutes after both leaders publicly admitted the chances of a deal were only “50-50.” Still, Trump emphasized the importance of achieving a more equitable arrangement.
“We’ve had a good relationship over the years,” Trump said, “but it’s been a very one-sided transaction. Very unfair to the United States.”
The pact is expected to deliver a significant boost to American exporters while easing trade tensions that have simmered for years between Washington and Brussels.
“This is a great day for American workers, manufacturers, and farmers,” Trump concluded.
