Trump reaches 15% tariff trade agreement with EU
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President Donald Trump and European Commission President Ursula von der Leyen met for a pivotal discussion before Trump’s Aug 1. tariff deadline.
The deal, announced Sunday by President Trump and European Commission President Ursula von der Leyen, imposes a 15% U.S. tariff on most EU imports, while American goods exported to the union's 27 member countries will face no tariffs. Previously, U.S. exports to the EU faced an average tariff of roughly 1%, according to Goldman Sachs analysts.
Cheniere Energy shares were higher ahead of today's session following a trade deal between the U.S. and the European Union.