Speaking after talks at his Turnberry golf resort, President Donald Trump said it was the "biggest deal ever made" and will be "great for cars" as well as having a "big impact" on agriculture.

US President Donald Trump and EU chief Ursula von der Leyen confirm the deal after "tough negotiations" in Scotland.

The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.

By Amir Orusov (Reuters) -German automaker Volkswagen's premium brand Audi lowered its full-year financial guidance on Monday, citing the impact of higher U.S. import tariffs and ongoing restructuring costs.

The United States and the European Union agreed on a trade deal setting a fifteen percent U.S. import tariff on most EU goods.

Through the deal, the EU will purchase $750 billion worth of oil, gas, nuclear fuel, and semiconductors from the US

Global stocks rose and the euro firmed on Monday after a tradeagreement between the United States and the EU lifted sentiment and provided some clarity in a week of key policy meetings by the Federal Reserve and the Bank of Japan.

A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, industry experts warn.

Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tariffs and took a massive charge following a change in US laws.

Stellantis expects more impact from U.S. tariffs on vehicles and auto part imports in the second half of 2025, the company said on Monday as it reported a preliminary 2.3 billion euro ($2.7 billion) net loss for the first six months of the year.

Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tariffs and took