President Donald Trump announced a trade agreement on Sunday with the European Union that would lower tariffs to 15%, ending what had been months of uncertainty surrounding trade with the United States’ largest trade partner.

President Donald Trump and European Commission President Ursula von der Leyen met for a pivotal discussion before Trump's Aug 1. tariff deadline.

In remarks before the session, Trump pledged to change what he characterized as “a very one-sided transaction, very unfair to the United States.” “I think the main sticking point is fairness,” he said while also noting,