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Kiplinger
Kiplinger
Business
Rachael Green

Price Hikes on Ikea, Cars and Medication: What the EU Trade Deal Means for Your Wallet

European Union IKEA Trump United States Europe Luxury
Senior couple looking in shop window, woman pointing.

There's a lot happening with Trump's tariffs this week as countries scramble to make deals ahead of the August 1 deadline. One of the latest trade agreements reached was with the European Union.

While the agreement isn't finalized, the US and EU announced a framework deal that laid out the basics of what the trading partners had agreed to.

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