Watch President Donald Trump announce that the United States and the European Union have reached a framework for a trade deal, after talks with European Commission President Ursula von der Leyen in Turnberry, Scotland.
Breakdown
- Trump announces a trade deal framework between the US and the EU.
- The EU will purchase $750 billion worth of US energy. 21s
- EU investment in the US will increase by $600 billion. 36s
- EU countries will open to US trade at zero tariff; a 15% tariff is set for automobiles and other goods. 1m 1s
- The EU will also purchase a significant amount of US military equipment. 1m 26s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.