EDINBURGH, Scotland — The United States and the European Union reached a tariff deal Sunday after a brief meeting between President Trump and European Commission chief Ursula von der Leyen.
A White House deadline was days away for imposing punishing import taxes on the 27-member EU, which is America's leading global trading partner.
" I think it's going to be great for both parties," Trump said.
The talks were meant to head off trade penalties − and promised retaliation from Europe − that could have sent shock waves through economies around the globe.
Trump and von der Leyen held private talks at one of Trump's golf courses in Scotland, then emerged a short time later saying they had reached an "across the board" agreement.
In remarks before the session, Trump pledged to change what h