Trump says U.S. has reached trade deal with European Union as Aug. 1 deadline loomed
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President Trump announced Sunday that the United States and the European Union had reached a trade deal after high-stakes meetings in Scotland, just days shy of Friday’s White House deadline to enact tariffs.
Mr. Trump met with top European officials demanding fairer trade with the 27-member European Union at his golf course on the Scottish coast.
The deal, according to European Commission chief Ursula von der Leyen, is a 15% tariff across the board. She praised Mr. Trump, calling it a “good deal” and a “huge deal” that followed “tough negotiations.”
President Donald Trump and European Commission President Ursula von der Leyen speak as they meet at the Trump Turnberry golf course in Turnberry, Scotland Sunday, July 27, 2025.
Jacquelyn Martin / AP
Mr. Trump said, “I think we both wanted to make a deal,” and he predicted it would “bring us closer together.” Mr. Trump also said more than once to reporters Sunday that it was the “biggest of all the deals.”
Von der Leyen said the negotiations addressed the EU’s trade surplus with the U.S., and the deal would be carried out in a way that would enable trade to continue while jobs on “both sides of the Atlantic” would be rebalanced.
According to Mr. Trump, the deal also includes that all European Union countries will be “opened up for U.S. goods” at 0% and the bloc will invest $600 billion in the U.S. The EU will also purchase $750 billion of U.S. energy as part of the deal.
Ahead of the meeting, von der Leyen called for a rebalancing of bilateral trade worth billions of dollars between the vital partners.
Without a deal, Mr. Trump had threatened to hit imports from the EU’s 27 member countries with a 30% tariff rate. The president has long been critical of the U.S.-EU trade relationship, claiming the U.S. has been treated unfairly. Last year, the U.S. trade deficit with the EU was about $235 billion.
Their meeting came after Mr. Trump played golf for the second straight day at his Turnberry course on the southwest coast of Scotland, this time with a group that included sons Eric and Donald Jr. The president’s five-day visit to Scotland is built around golf and promoting properties bearing his name.
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