Trump, EU announce trade deal
Digest more
The US and EU signed a trade deal just before the August 1 tariff deadline, setting a 15% import tax on most EU goods. Trump praised it as the “biggest deal,” while EU leaders gave mixed reactions as some welcomed stability,
The European Union's trade deal with the United States could cost the pharmaceutical industry between $13 billion and $19 billion as branded medicines become subject to a tariff of 15%, analysts said on Monday.