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Euronews

Peggy Corlin

The EU and US have shaken hands on a trade deal, but what's to come?

European Union United States Donald Trump Commission EU Commission

A joint statement is set to follow the framework deal agreed by US President Donald Trump and Commission President Ursula von der Leyen on Sunday in Scotland.

The statement should in theory come before 1 August, the date after which Trump had threatened to apply 30% blanket tariffs on EU imports if no trade deal was reached, though there is no clarity on when it will arrive.

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