The EU and the US agree with the trade transaction, with 15% tariffs for European exports to America

The United States and the European Union reached a trade transaction by completing the months of confrontation between two key economic partners in the world.

Following the negotiations between President Donald Trump and the President of the European Commission, Ursula von der Leyen in Scotland, the couple agreed to the tariff for all EU products at 15%. This half of the 30 -percent import tax rate threatened to implement since Friday.

Trump said the 27-member block would open its markets for US exporters with zero percentage tariffs for certain products.

Von der Leyen also welcomed this transaction, saying that it would bring stability to both allies, which together make up almost a third of global trade.

Trump threatened the tariff against major US trading partners, seeking to redo the world economy and prune the US trade deficit.

Like the EU, it also reached tariff agreements with the UK, Japan, Indonesia and Vietnam, although it did not reach its goal “90 days”.

The transaction on Sunday was announced after private negotiations between Trump and von der Leyen on his Golf Tunkberry in South Airshire.

Trump, which is on a five -day visit to Scotland, said after a brief meeting with the European Commission president: “We have reached a deal. This is a good thing for everyone.”

“It will bring us closer,” he added.

Von der Leyen also acknowledged this “a huge deal” after “tough talks”.

According to the agreement, Trump said the EU will increase its $ 600 billion in investment (446 billion pounds), buy hundreds of billions of US military equipment and spending $ 750 billion on energy.

This investment in American eliminated natural gas, oil and nuclear fuels, said von der Leyen, will help reduce European dependence on Russian energy sources.

“I want to personally thank President Trump for his personal commitment and leadership to achieve this breakthrough,” she said.

“He’s a tough negotiator, but he is also a deal.”

The US president also said the 50% tariff he has implemented on steel and aluminum worldwide will remain in place.

Both sides can draw this agreement as a victory.

For the EU tariffs could be the worst: it is not as good as 10% of the UK’s tariff but Just like the 15%of Japan.

For the United States, this equates to the expectation of approximately $ 90 billion from the state cash register – based on last year, as well as hundreds of billions of investments that are required to come to the United States.

Trade in goods between the EU and the US amounted to about $ 975.9 billion last year. Last year, the US imported about $ 606 billion from the EU and exported about $ 370 billion.

This imbalance or trade deficit is a sign for Trump. He says such trade relations mean that the US is “losing”.

If he followed the tariffs against Europe, import taxes would be levied on products from Spanish pharmaceuticals to Italian leather, German electronics and French cheese.

The EU said he was ready to avenge the tariff for US goods, including car details, Boeing and beef planes.

British Prime Minister Keir Starmer plans his own meeting with Trump in Turnberra on Monday.

Trump will be in Azerdin on Tuesday, where his family has another golf course and opens the third next month.

The president and his sons plan to help cut the tape on a new fairway.