Trump’s Tariff Tango: EU Shops, US Gets Fees
Photo by Marios Kefalas on Unsplash
In a Scotland showdown straight out of a Netflix drama, the US and EU shook hands on a trade deal slapping a 15% tariff on most European imports — down from Trump's jaw-dropping 30%, but more than the EU’s dream 10%. Trump bragged it was 'the biggest deal ever made,' boasting that Europe would buy '$750 billion worth of energy' and throw in '$600 billion more' in investments, plus a 'vast amount' of US military gear. Steel isn’t invited to this tariff party with a stiff 50% tax still in play.
Share the Story
(1 of 3)Source: Businessinsider | Published: 7/27/2025 | Author: Lauren Edmonds
More Articles in Business
Trump Extends Ceasefire Because Iran's Drama Series Needs Another Season
Axios
OpenAI CEO’s $27M Mansion Molotoved Amid AI Lab Soap Opera
Businessinsider
Sydney Sweeney's $1M Flop, Trump-Approved Jeans & Bathwater Soap Fiasco
Mockingbirdnews.org
FedEx, UPS, and DHL Embark on Epic Refund Quest, Customers Await Payback Like Lottery Winners
Businessinsider
Tim Cook Steps Down, Apple Picks John Ternus Because 'Risk-Taking' Is Overrated
Businessinsider
Apple Hands CEO Reins to Hardware Guy Who Says 'Logistics Are Cute, Look at This Widget'
Theverge
American Grads Panic, Prefer DoorDash Over Dream Jobs, Blame AI(ish)
Axios
Amazon Instructs Vendors to Play Monopoly, Then Calls It Lawful Commerce
Businessinsider
Tim Cook Retires After Reading Your Apple Complaints for 15 Years Straight
Businessinsider