The U.S. president was in a good mood, even telling the gathered press: "“I didn't use the word ‘fake news’ one time, not one time."

At a meeting with Ursula von der Leyen at Trump’s Turnberry golf resort in Scotland, Trump said the agreement is ‘a good deal for everybody’.

If there is no deal and the US imposes 30 per cent tariffs, the EU has prepared counter-tariffs on US$109 billion of US goods.

The president sat down at a ballroom in his Turnberry course in Scotland with the EU Commission president, complaining about 'one-sided' trade, windmills, and immigration.

Trump said the EU will invest $600 billion in the U.S. and buy $750 billion worth of U.S. energy products.

President Donald Trump announced 15% tariffs on most foreign goods from the European Union, down from the threatened 30%, as part of a trade agreement .

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

The US president told reporters the deal involved a baseline levy of 15% on EU exports to the US. The agreement came as the clock ticked down on an August 1 deadline for the EU to…

TURNBERRY, Scotland: The US struck a framework trade agreement with the European Union on Sunday, imposing a 15 percent import tariff on most EU goods — half the threatened rate —…

TURNBERRY, Scotland: The US struck a framework trade agreement with the European Union on Sunday, imposing a 15 percent import tariff on most EU goods — half the threatened rate —…

Trump tariff of 15% means European exporters will face more than triple the average 4.8% levy now in force

The U.S. president was in a good mood, even telling the gathered press: "“I didn't use the word ‘fake news’ one time, not one time."

NEWS ANALYSIS. Although trade is one of the European Union's main areas of competence, the EU refused to enter into a trade conflict with President Donald Trump, risking its…