The European Union said on Monday it would delay its countermeasures against President Donald Trump’s tariffs by six months. “On 27 July 2025, European Commission President Ursula von der Leyen and US President Donald J.

The European Union said its semiconductor exports to the U.S. won't be hit with President Trump's threatened 100% tariffs, but would have a 15% tariff ceiling as part of the bloc's broader trade deal.

TURNBERRY, Scotland, July 27 (Reuters) - The U.S. struck a framework trade agreement with the European Union on Sunday, imposing a 15% import tariff on most EU goods - half the threatened rate - and averting a bigger trade war between the two allies that account for almost a third of global trade.