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  • 2 days ago
US President Donald Trump and EU chief Ursula von der Leyen have reached a trade deal during talks in Scotland. The agreement settles a dispute over tariff hikes. Von der Leyen stated that tariffs will be 15% across the board. Trump said the EU will buy $150 billion worth of US energy and invest an extra $600 billion in his country. Both sides praised the deal.
Transcript
00:00U.S. President Donald Trump and European Union Chief Ursula von der Leyen have reached a trade deal during talks in Scotland.
00:08The agreement settles a dispute over tariff hikes.
00:11Von der Leyen stated that tariffs will be 15% across the board.
00:15Trump said that the EU will buy $150 billion worth of U.S. energy and will make $600 billion in U.S. investments.
00:24Both sides hailed it as a good deal.
00:26I think it's great that we made a deal today instead of playing games and maybe not making a deal at all.
00:34I think it's I'm going to let you say it, but I think it's the biggest deal ever made.
00:38Thank you very much.
00:39Congratulations.
00:45We have a deal.
00:47We have a trade deal between the two largest economies in the world.
00:52And it's a big deal.
00:53It's a huge deal.
00:54It will bring stability.
00:57It will bring predictability.
00:59That's very important for our businesses on both sides of the Atlantic.

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