Trump Secures ‘Biggest Of All’ Trade Deals With EU

Jul 27, 2025 - 15:28
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Trump Secures ‘Biggest Of All’ Trade Deals With EU

President Donald Trump announced on Sunday the “biggest” trade deal of them all with the European Union (EU).

Sitting with European Commission President Ursula von der Leyenin in Turnberry, Scotland, Trump read off a piece of paper the various major takeaways from their agreement.

As part of the deal, per Trump’s description, the EU will purchase $750 billion worth of energy from the United States, agree to invest $600 billion more than the bloc is already investing, open up its countries up to trade with America, and buy a “vast amount” of military equipment.

Trump also noted the tariffs for automobiles and other EU imports will be a “straight across” rate of 15%.

Von der Leyenin affirmed that a deal had been struck.

“We have a trade deal between the two largest economies in the world — and it’s a big deal. It’s a huge deal. It will bring stability. It will bring predictability. That’s very important for our businesses on both sides of the Atlantic,” she said.

Von der Leyenin further noted that a resolution was reached after some “tough” negotiations.

Trump set an August 1 deadline for countries to reach a trade deal with the United States or endure higher tariff rates. The EU was facing a penalty of 30% on imports.

“It’s the biggest of all the deals,” Trump declared.

It was not clear what, if any, concessions Trump made in the discussions.

Von der Leyenin did say that a “starting point” was rectifying an “imbalance” in which the EU side had a “surplus” and the United States had a “deficit.” She also said the deal would “enable trade on both sides, which means good jobs on both sides of the Atlantic.”

Over the past couple of months, following “Liberation Day” in April, the Trump administration has struck framework agreements with countries such as China, the United Kingdom, and Indonesia.

Trump revealed last week that Japan would invest over half a trillion dollars into the United States in “perhaps the largest Deal ever made.” South Korea is working on a trade proposal before it faces a tariff hike at the beginning of next month.

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Fibis I am just an average American. My teen years were in the late 70s and I participated in all that that decade offered. Started working young, too young. Then I joined the Army before I graduated High School. I spent 25 years in, mostly in Infantry units. Since then I've worked in information technology positions all at small family owned companies. At this rate I'll never be a tech millionaire. When I was young I rode horses as much as I could. I do believe I should have been a cowboy. I'm getting in the saddle again by taking riding lessons and see where it goes.