The United States and the European Union (EU) reached a new commercial pact that sets 15 % of the duty for community products and was celebrated by Donald Trump as “the greatest agreement ever achieved.”
The agreement was announced this Sunday by Trump and the president of the European Commission, Úrsula von der Leyen, from the golf complex of the Republican leader in western Scotland. It establishes a 15 % fixed tariff for “the vast majority of European exports”, instead of 30 % that Washington threatened to apply from August 1, review EFE.
That 15 % will apply to key sectors such as cars, semiconductors and pharmaceutical products, according to Von der Leyen.
However, bilateral “zero tariffs” were also agreed for a series of “strategic products”, among which are aerospace components, certain chemicals, agricultural products and raw materials, refers to the news office.
At the same time, the EU promised to buy American energy worth 750 billion dollars and invest another $ 600 billion, while increasing purchases of American war material.
Although the agreement is not final, since it is a framework agreement, it avoids a commercial war between the two largest markets in the world, which would have negatively impacted the global economy.
Europe receives between relief and resignation the commercial agreement between the EU and the US announced this Sunday.
For the Spanish Foreign Minister, the agreement avoids a tariff escalation that “would be negative for all.”https://t.co/wijlm339Sy
– Efe News (@Efenoticias) July 28, 2025
“Certainty and stability”
The reactions after the pact have gone on the expected rope. While Trump sang Victoria, Ufano, and claimed to have achieved “the largest agreement ever achieved,” the EU received the pact between relief and resignation.
Von der Leyen acknowledged that agreeing with Washington “was not easy” and defended the concessions made by the community block to avoid the commercial war. In his opinion, the agreement contributes “certainty and stability” to European companies, against the unpredictability that would have represented not to reach a consensus with the Trump administration.
The European leader also highlighted the increase in energy purchases to the United States, which, he said, must help the EU diversify its supply and reduce dependence on Russian hydrocarbons.
Another authorities of the old continent also celebrated consensus, for providing stability and avoiding a “negative escalation.” However, they also pointed out that Pact is not balanced and, although they will not reach 30 %, the majority tariffs for Europe will feel in community companies and sectors, which will make bilateral trade more difficult.
However, the US Secretary of Commerce, Howard Lutnick, considered that the agreement is “historical” and will strengthen Washington’s relationship with the European Union “for decades.”
Last year, the EU exported goods worth $ 606 billion to the United States, compared to 370 billion exported in reverse. This shows a deficit of 236 billion for the US economy, according to official data cited by EFE that do not include services.
