President Donald Trump unveiled a major international trade deal on Sunday during a joint appearance with European Commission President Ursula von der Leyen in Turnberry, Scotland. The agreement, which Trump called the “biggest of all the deals,” aims to deepen economic ties between the United States and the European Union through expanded trade, energy partnerships, and defense contracts.
According to Trump, the EU has agreed to purchase $750 billion worth of American energy, open its markets more broadly to U.S. goods, and invest $600 billion beyond current commitments. Trump also highlighted an expected surge in military equipment purchases from the United States. “It’s the biggest of all the deals,” he said, emphasizing the scale of the arrangement.
In addition to the new trade commitments, the two sides settled on a 15% tariff rate for automobiles and other European imports. However, the existing 50% tariffs on steel and aluminum will remain. Trump did not elaborate on any specific concessions made by the U.S., and details about certain sectors remain undisclosed.
Von der Leyen confirmed the agreement and praised the outcome, calling it “a big deal” and a product of difficult but successful negotiations. “It will bring stability. It will bring predictability. That’s very important for our businesses on both sides of the Atlantic,” she said. She noted the talks focused on resolving long-standing imbalances, particularly the trade deficit held by the United States.
The announcement follows Trump’s August 1 deadline for countries to reach deals or face higher tariffs. The EU had been facing a 30% penalty on its imports, prompting accelerated talks. Von der Leyen indicated that addressing the trade imbalance was the foundation of the agreement, adding that the new deal would support job creation in both Europe and America.
This EU agreement is the latest in a string of trade moves by the Trump administration. Since April’s “Liberation Day,” Trump has announced framework deals with China, the United Kingdom, and Indonesia. Last week, he disclosed a major investment from Japan totaling more than half a trillion dollars. South Korea is currently working on its own proposal to avoid tariff increases set to begin next month.
The rapid succession of deals signals a coordinated strategy to reset global trade terms in ways that prioritize U.S. interests. Trump’s approach puts heavy pressure on allied nations to invest, trade, and align with American goals or face clear consequences. These moves appear aimed at consolidating economic strength while discouraging free-riding within the global system.
