‘Biggest deal ever’: Trump announces trade agreement with EU
US President Donald Trump has announced that the US and the European Union reached a framework for a trade deal, after talks with European Commission President Ursula von der Leyen in Turnberry, Scotland.
Trump announced a 15 per cent across-the-board levy on imports from the 27-nation European Union, ending a months-long saga with America's largest trading partner as the EU sought to keep baseline tariffs at 10 per cent.
"We are agreeing that the tariff straight across for automobiles and everything else will be a straight-across tariff of 15 per cent," Trump said.
European Commission President Ursula von der Leyen and US President Donald Trump have announced the framework for a trade agreement. (AP)
Speaking alongside von der Leyen, the president said the EU "is g...