July 27 (UPI) -- President Donald Trump on Sunday announced 15% tariffs on most foreign goods from the European Union, down from the threatened 30%, as part of a trade agreement with the 27-nation bloc.
Trump announced the deal at his Turnberry Isle Country Club in Scotland after his public session with European Commission President von der Leyen. Trump said the European Union won't impose new tariffs on U.S. imports.
During the meeting with the media, both leaders said the chance of a deal was 50-50.
"You are known as a tough negotiator and dealmaker," von der Leyen told Trump, with reporters on hand.
Leyen said the agreement "will bring stability. It will bring predictability. That's very important for our businesses on both sides of the Atlantic."
