Europe’s New Trade Deal with the U.S.: A Win for Automakers, With Strings Attached
On a sunny July day in Scotland, at the luxurious Turnberry golf course, U.S. President Donald Trump and European Commission President Ursula von der Leyen shook hands on a trade deal that promised to reshape transatlantic economic ties. The agreement, formalized in August 2025, slashed U.S. tariffs on European goods to a blanket 15%, a … Read more