While the new U.S.-EU framework deal temporarily averts a full-blown trade war, it leaves the European Union facing higher U.S. tariffs, unresolved regulatory disputes and growing pressure to align more closely with U.S. economic and strategic priorities, which will sustain the risk of additional trade disputes in the future. On July 27, the United States and the European Union reached a framework agreement about bilateral trade. After a meeting between U.S. President Donald Trump and European Commission President Ursula Von der Leyen in Scotland, the two sides announced that the United States will impose a 15% tariff on most imports from the bloc. In addition, Trump said that the European Union will purchase $750 billion worth of U.S. energy products and invest an additional $600 billion in the United States through the end of his term in 2029. Trump also stated that the European Union will buy an unspecified amount...
