Out-gunned Europe accepts least-worst US trade deal

  • Posted on July 28, 2025
  • By Business News Today
  • 1 Views
Out-gunned Europe accepts least-worst US trade deal

Europe has reluctantly agreed to a trade deal with the U.S., accepting a 15% tariff after a prolonged standoff. This agreement, while averting a potential recession, highlights the EU's limited leverage against the U.S. and the pressure from European businesses to reduce trade uncertainty. The deal includes a significant EU investment pledge in the U.S.
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