European leaders laud historic EU-US trade deal but others say it's bad for consumers

Published on 28 Jul 2025 10:27:10 PM

The United States and European Union on July 27 announced they had agreed to a framework trade deal, averting a significant row between two allies who account for almost a third of global trade.

The deal includes a 15% tariff on EU goods entering the US and significant EU purchases of US energy and military equipment – something lauded by European leaders but criticised by others.

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