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US-EU deal sets a 15% tariff on most goods and averts the threat of a trade war, AP Explains

U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Trump's threat of a 30% rate if no deal had been reached by Aug. 1. 
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Source name: 
The Associated Press
Unique identifier: CP174812186 
Legacy Identifier: 8d3990032ade4ab7b8145ccd353574fc 
Type: Video 
Duration: 1m30s 
Dimensions: 1920px × 1080px     110.25 MB 
Usage rights: Digital platform use only. Broadcast rights and editing of content prohibited. 
Create Date: 7/28/2025 7:15:08 PM 
Display aspect ratio: 16:9