President Donald Trump has clinched a landmark trade agreement with the European Union, imposing a 15% baseline tariff on most EU imports to the United States. This deal, announced after intense negotiations at his Turnberry resort in Scotland, averts a potential trade war while rebalancing a relationship long skewed against American workers. Previously, Trump imposed a 10% standard tariff on the bulk of European Union products shipped to the United States, in addition to a 25% duty on vehicles and a 50% levy on steel and aluminum. Trump warned of raising tariffs to 30% on the entire region if no agreement was secured by August 1, a figure that EU authorities claimed could essentially halt certain trade channels. The agreement covers key industries, with the…
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