New EU-US Trade Agreement: A Strong Upgrade in Relations
August 24, 2025
The President of the European Commission, Ursula von der Leyen, analyzes the new EU-US trade agreement, describing it as strong but not perfect. The agreement strengthens cooperation and provides clarity on tariffs. The economic relationship between the EU and the US is the largest in the world, with trade transactions exceeding 1.68 trillion euros annually. Von der Leyen emphasizes the importance of stability over trade wars. The agreement sets a tariff ceiling of 15% for most products.