European Commission President Ursula von der Leyen met U.S. President Donald Trump on Sunday to clinch a trade deal that would likely result in a 15% tariff on most EU goods, but end months of uncertainty for European Union companies.

The United States and European Union have reached a critical trade pact, reducing US-imposed tariffs on EU imports from a threatened 30% to 15%. Announced jointly by President Donald Trump and European Commission President Ursula von der Leyen,