U.S.-EU trade deal wards off further escalation but will raise costs for companies, consumers

[ad_1] President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Mr. Trump’s threat of a 30% rate if no deal had been reached by August 1. The tariffs, or import taxes, paid when Americans buy European products […]

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