Trump lands ‘biggest of all’ trade deal with EU as bloc pledges $600B investment and $750B in U.S. energy
By Daniel Chaitin | Daily Wire
Agreement was struck ahead of the August 1 deadline.
President Donald Trump announced on Sunday the “biggest” trade deal of them all with the European Union (EU).
Sitting with European Commission President Ursula von der Leyen in Turnberry, Scotland, Trump read off a piece of paper the various major takeaways from their agreement.
As part of the deal, per Trump’s description, the EU will purchase $750 billion worth of energy from the United States, agree to invest $600 billion more than the bloc is already investing, open up its countries up to trade with America, and buy a “vast amount” of military equipment.
Trump also noted the tariffs for automobiles and other EU imports will be a “straight across” rate of 15%. However, he said th...
