Benjamin Haddad, France’s Europe minister, says deal will ‘bring temporary stability’ but is generally ‘unbalanced’, calling the situation ‘not satisfactory’
Good news: the EU has a new trade deal with the US.
Bad news: There don’t seem to be many people who think it’s a particularly good deal.
The framework agreement, agreed by European Commission president Ursula von der Leyen and US president Donald Trump at a late meeting in Scotland, manages to avert a damaging transatlantic trade war, imposing a 15% import tariff on most EU goods – half the threatened rate.
German chancellor Friedrich Merz focused on the fact that it managed to keep the unity of the European Union and offer some stability to businesses on both sides of the Atlantic, even if he would have liked the deal to achieve more.
