On July 27, Ursula von der Leyen, the president of the European Commission and President Trump agreed to a deal that included a 15% tariff on most goods from the EU.

The European Union is preparing to pause the retaliatory tariffs it had intended to impose on U.S. goods had it failed to secure a trade deal. "The commission will take the necessary steps to suspend by six months the EU's countermeasures against the U.