EU-US trade deal: 'Is this a good deal for the EU? Probably not'

The EU-US trade deal, clinched in a ballroom at Donald Trump’s golf resort in Scotland on Sunday, has been criticised by France’s prime minister and business leaders across Germany.

The deal, which will impose 15% tariffs on almost all European exports to the US including cars, ends the threat of a punitive 30% import duties being imposed on Mr Trump’s August 1 deadline for a deal, but it is a world apart from the zero-zero import and export tariff the EU offered initially.

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