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Associated Press

US-EU Deal Sets a 15% Tariff on Most Goods and Averts the Threat of a Trade War with a Global Shock

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The Associated Press

11:02 JST, July 28, 2025

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 shock waves through economies around the globe.

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