EU and US agree trade deal
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11hon MSN
US-EU trade deal wards off further escalation but will raise costs for companies and consumers
U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal.
European stocks and Wall Street futures climbed again after the weekend deal between the United States and European Union averted a trade war between two allies that account for almost a third of global trade. The euphoria also lifted the dollar across the board.
Trump said that he had reached a trade agreement with von der Leyen. Photo: The United States and the European Union reached a tariff deal Sunday after a brief meeting between President Donald Trump and European Commission Chief Ursula von der Leyen.