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Trump’s new EU trade deal, briefly explained

4 0
29.07.2025
President Donald Trump shakes hands with European Commission President Ursula von der Leyen as he announces a trade deal with the EU on July 27, 2025, in Turnberry, Scotland. | Andrew Harnik/Getty Images

This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here.

Welcome to The Logoff: The US and the European Union have arrived at a new trade deal, just days before President Donald Trump’s threatened deadline to impose substantial new tariffs.

What’s in the agreement? Only the broad strokes of the deal have been announced so far, but it sets a new tariff rate of 15 percent on many imports from the EU, half the 30 percent rate that had been threatened. It also includes a promise of mutual tariff-free trade on some........

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