EU, US Reach Deal to Avoid Trump Tariff Hike Before Deadline
BloombergJUL 27
President Trump struck a major victory for the American people as he was able to secure the biggest of all deals with the EU. Now, the previously closed European markets will open up to U.S. goods and the EU agreed to purchase over a trillion dollar worth of U.S. energy and other investments. This is what fair trade looks like.
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There's a 50% chance that the effective U.S. tariff rate on goods being imported into the United States will be 9.23% at the end of 2026, according to the Metaculus prediction community.