EU President von der Leyen summarises the EU/US commerce deal framework

EU President von der Leyen spoke after the commerce deal framework announcement.

von der Leyen was candid:

• deal was the most effective it may get
• the deal is a stabilizer
  no stacking up tariffs, no a number of charges
• 15% fee is a ceiling and turns into everlasting
• digital guidelines or tech regulation weren’t talked about
• different was a commerce conflict
  deal
• is a stabilizer that can translate into greater tariffs in comparison with underneath Biden

I am studying many ‘sizzling takes’ that Europe caved in. What these geniuses fail to grasp is that the US units its personal commerce guidelines. The negotiations that Japan, the EU, and everybody else engaged in, and China continues to have interaction in, is to de-escalate from Trump’s preliminary outlined charges. Trump has made tariffs a central tenet of commerce with the US. Commerce between different international locations and blocs want prime be impacted. For the rest of Trump’s time period, a minimum of, it’s what it’s.

Earlier:

• Monday open ranges, indicative FX costs, 28 July 2025 – EUR up on US/EU ‘framework’ deal
• US and EU attain a framework commerce deal, 15% tariff fee, EU to buy vitality from the US
• U.S. and China will meet in Stockholm on Monday, 90 day extension anticipated

Weekend:

• US and China to increase tariff pause by one other 90 days – report

This text was written by Aaron Cutchburt at investinglive.com.