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Trump announces major US-EU tariff deal.

27.07.2025 17:42

A significant trade agreement between the United States and the European Union has been announced by former US President Donald Trump. He declared the deal, which involves substantial energy and defense purchases by the EU, to be "the biggest deal ever."

Details of the agreement, as stated by Trump, include a commitment from the EU to invest $600 billion in the US economy. Furthermore, the EU pledged to purchase a considerable amount of American energy, totaling $150 billion, alongside hundreds of billions of dollars in military equipment. This substantial investment and procurement, according to Trump, represents a monumental advance in transatlantic trade and defense collaboration.

Trump also highlighted the agreement's potential for fostering stability and unity between the two economic powerhouses. A key component is the EU's purported decision to eliminate tariffs on various goods, creating a significant boost for bilateral trade. The impact of this agreement on global markets and international relations remains to be seen. The information provided is sourced from internet resources and should not be construed as investment advice.