The agreement, he said, was “a good deal for everybody” and “a giant deal with lots of countries.” Von der Leyen said the deal “will bring stability, it will bring predictability, that's very important for our businesses on both sides of the Atlantic.” As with other, recent tariff agreements that Trump announced with countries including Japan and the United Kingdom, some major details remain pending in this one. He said tariffs “for automobiles and everything else will be a straight across tariff of 15%” and meant that U.S. exporters ”have the opening up of all of the European countries.” Von der Leyen said the 15% tariffs were “across the board, all inclusive” and that “indeed, basically the European market is open.” At a later news conference away from Turnberry, she said that the USD 750 billion in additional US energy purchases was actually over the next three years — and would help ease the dependance on natural gas from Russia among the bloc's countries. “When the European union and the United States work together as partners, the benefits are tangible,” Von der Leyen said, noting that the agreement “stabilized on a single, 15% tariff rate for the vast majority of EU exports" including cars, semiconductors and pharmaceuticals.
Author: AP- PTI
Published at: 2025-07-27 22:11:55
Still want to read the full version? Full article
