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U.S. and EU sign new trade agreement – Trump

GenevaTimes by GenevaTimes
July 27, 2025
in Europe
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U.S. and EU sign new trade agreement – Trump

BAKU, Azerbaijan, July 28. The United States
has signed a new trade agreement with the European Union, Trend reports.

This was announced by U.S. President Donald Trump following his
meeting with European Commission President Ursula von der Leyen,
held in Scotland.

According to Trump, under the newly reached agreements, the EU
has agreed to purchase $750 billion worth of energy resources from
the United States and invest an additional $600 billion into the
American economy.




He noted that the deal will enable the EU to avoid 30 percent
tariffs. Instead, the U.S. will apply a reduced 15 percent tariff
on EU goods, including automobiles. In return, Brussels has
committed to opening its markets to American products, setting zero
tariffs on a range of goods.

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