EU Reaches Tariff Deal With US to Avert Painful Trade Blow

WATCH: The US and European Union agreed on a hard-fought deal that will see the bloc face 15% tariffs on most of its exports, including automobiles. Oliver Crook reports.Source: Bloomberg

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By Alberto Nardelli, Suzanne Lynch, and Hadriana Lowenkron

July 27, 2025 at 5:35 PM UTC

Updated on

July 28, 2025 at 6:22 AM UTC

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The US and European Union agreed on a hard-fought deal that will see the bloc face 15% tariffs on most of its exports, including automobiles, staving off a trade war that could have delivered a hammer blow to the global economy.