The US president has touted the agreement with the bloc after months of tense tariff negotiations

The EU has agreed to a sweeping trade deal with the US that will see most of its exports to America face a baseline tariff of 15%, averting what both sides had warned could be a devastating transatlantic trade war.

The agreement was finalized on Sunday during a high-stakes meeting between US President Donald Trump and European Commission President Ursula von der Leyen at Trump’s Turnberry golf resort in Scotland. The two leaders hailed the pact as a “powerful” and “stabilizing” breakthrough after months of escalating tensions.

“We have a deal,” von…

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