Trump strikes ‘biggest deal ever made’ with EU: Europeans will pay $1.6T, accept 15% tariffs after meeting with prez

It took just 75 minutes for President Trump to get what he wanted out of the European Union.

That’s how long he and European Commission President Ursula von der Leyen were away from the cameras.

When they returned, Trump was triumphant. Europe agreed to buy $750 billion in American energy products, invest $600 billion in new money in the US and purchase additional US military equipment, according to the terms of the preliminary agreement.

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Tariffs on many American exports will drop to zero. Duties on most European goods coming into the US rise to 15%.

President Trump announced a new trade deal between the United States and the European Union after a meeting with European Commission President Ursula von der Leyen in Scotland on July 27, 2025.Photo by BRENDAN SMIALOWSKI/AFP via Getty Images
The EU agreed to purchase $750 billion of American energy and invest $600 billion into the US beyond current levels.Getty Images

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