U.S. reaches trade deal with EU
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3hon MSN
EDINBURGH, Scotland (AP) — The United States and the European Union agreed on Sunday to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher imports on both sides that might have sent shockwaves through economies around the globe.
Wall Street is coming off a winning week fueled by strong earnings and recent deals between the U.S. and its trading partners.
"Today's deal creates certainty in uncertain times, delivers stability and predictability," von der Leyen told reporters before leaving Scotland. (Reporting by Andrew Gray in Prestwick and Sudip Kar-Gupta in Brussels; Editing by Richard Lough and Diane Craft)
Investors will not be able to look away over the coming week as every single day could produce significant market-moving news.
Donald Trump has returned to his golf course in Turnberry, Scotland, for a round before discussing trade with European Commission chief Ursula von der Leyen. Both sides are seeking an
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