Trump EU Trade Deal


Posted originally on Jul 27, 2025 by Martin Armstrong 

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Trump strikes a deal in Scotland with the EU where most EU exports to the United States will face a 15% tariff, down from the 30% tariff. The EU has agreed to accept U.S. imports without tariffs, according to Trump. This will fulfill our model forecast that the EU economy is in recession and will not bottom until 2028.

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