Brussels declares EU‑US pact tops Trump trade‑war legacy, boosting global stability.
EU Secures Trade Agreement to Avoid U.S. Tariff Surge
Maros Sefcovic, the European Commission’s chief trade negotiator, praised the new deal as a decisive alternative to a tariff escalation.
Key Terms of the Accord
- Exports from the EU will face a 15 % tariff.
- No tariffs will be imposed on U.S. goods entering Europe.
- Brussels prevented the Trump administration from doubling the levy after the August 1 deadline.
Reactions in Europe
Some European leaders and industry groups criticized the agreement, accusing Brussels of conceding too readily to the U.S. President.
French Prime Minister Francois Bayrou’s Comment
“It is a dark day when an alliance of free peoples… resorts to submission,” Bayrou wrote on X.
Sefcovic’s Message to Opponents
- “Pause for the moment and consider the alternative.”
- “A trade war may seem appealing to some, but it carries severe consequences. With at least a 30 % tariff, our trans‑atlantic trade would effectively come to a halt.”
- “Our businesses sent us a unanimous message: avoid escalation and work toward a solution.”
Ursula von der Leyen, the EU’s chief executive, signed the accord on Sunday, marking a critical step in maintaining stable trade relations between the bloc and the United States.
