Reported about 12 hours ago
President Trump and UK Prime Minister Keir Starmer are in Scotland discussing a newly reached trade agreement between the US and EU, which includes a 15% tariff on most EU imports into the US. While the agreement brings relief compared to the previous rates of 30-50%, it still marks an increase from the 1% tariff before Trump's administration. The car industry faces mixed reactions despite reduced tariffs, and US energy sectors are poised to benefit significantly. However, all 27 EU member states need to approve the deal, which may pose challenges.
Source: YAHOO