EU-U.S. trade agreement
Proposed free trade agreement between the EU and the US
EU-U.S. trade agreement
The European Union-United States Framework on an Agreement on Reciprocal, Fair, and Balanced Trade, informally called the EU–U.S. trade agreement, is a proposed trade agreement between the European Union (EU) and the United States. A framework agreement was announced in a joint statement on 21 August 2025. The framework agreement provides for 15% tariffs on all European exports and 0% tariffs on certain US exports. It was proposed to replace the previous Transatlantic Trade and Investment Partnership (TTIP) efforts. US tariffs were effective 1 August or 1 September 2025, depending on the category. EU tariffs were effective 1 July 2026. The agreement exposed European Commission President Ursula von der Leyen to substantial criticism. French Prime Minister François Bayrou called it a "submission", while German Chancellor Friedrich Merz said the deal would significantly damage Germany's finances. As a result of the Greenland crisis and Trump's threats of a trade war against several EU and...
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