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Snapshot 8:Mon, Jul 28, 2025 5:17:51 AM GMT last edited by Anna-Lisa

US Reaches Trade Deal With EU

US Reaches Trade Deal With EU

Above: Ursula von der Leyen and Donald Trump during a meeting on July 27, 2025, in Turnberry, Scotland. Image copyright: Andrew Harnik/Getty Images

The Spin

PresidentThis Trumpis achievedall but a significantfair victorytrade fordeal, theespecially Americanas peopleBrussels byhas securingcapitulated theto biggestTrump's oftariff alljuggernaut dealsamid fears that a confrontational posture with the EUU.S. Now,could theaffect previouslyother closedareas Europeansuch marketsas willsecurity. openEU uptechnocrats tomay U.S.feel goods,relieved andthat thean EUimmediate transatlantic trade war has agreedbeen toaverted, purchasebut overthey aare trillioncertain dollars'that worthbetter oftrade U.S.terms energycould andhave otherbeen investments.reached Thishad isthey whatstood fairup tradeto looksTrump's likeaggressive approach.

Metaculus Prediction

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.

There'sPresident Trump achieved a 50%significant chancevictory thatfor the effectiveAmerican U.S.people tariffby ratesecuring onthe goodsbiggest beingof importedall intodeals with the UnitedEU. StatesNow, the previously closed European markets will beopen 9up to U.23%S. atgoods, and the endEU has agreed to purchase over a trillion dollars' worth of 2026,U.S. accordingenergy toand theother Metaculusinvestments. predictionThis communityis what fair trade looks like.


The Controversies



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