Trump confirms deal sets 15% export tariffs on EU

US President Donald Trump announced Sunday that his administration had reached a new trade agreement with European Commission President Ursula von der Leyen, setting a 15 percent tariff on exports from the European Union.

Speaking to reporters in Scotland, Trump said the deal includes major economic commitments from the EU, including an additional USD600 billion in investment in the United States and the purchase of USD 750 billion worth of US energy.