On July 27, 2025, the US and the EU signed a trade agreement.
The deal imposes a 15% tariff on most imported European goods.
The stock and cryptocurrency markets responded with growth.
On July 27, 2025, US President Donald Trump and European Commission President Ursula von der Leyen announced a trade agreement. Against this backdrop, the crypto market experienced growth.
The press conference announcing the agreement’s signing took place at Trump Turnberry, one of President Trump’s golf clubs in Scotland. President Trump stated:"I'm glad we made this deal today instead of 'playing games.' As far as I can tell, it's the biggest deal in history."
The key point of the agreement is that the tariff on imported goods from the EU will be 15%. This rate is higher than the tariff before the current administration but far lower than the one the president had threatened to impose if the parties had not reached an agreement.
In addition, the agreement provides for the following:
The EU will purchase energy resources and semiconductors worth $750 billion over three years.
European companies will invest an additional $600 billion in the US economy.
The EU will purchase unspecified amounts of American-made military equipment.
The 15% tariff applies to most European goods, except steel and aluminum, which will continue to be subject to a 50% duty.
However, several products were excluded from the agreement, including some pharmaceuticals and their components. Additionally, zero duty remains on components for the aircraft industry, aircraft, agricultural products, and some other goods.
Overall, experts assessed the agreement as beneficial for the US. In a commentary for The Guardian, Prashant Newnaja, senior Asia-Pacific rates strategist at TD Securities, said:
A 15% tariff on European goods, forced purchases of American energy and military equipment, and zero retaliatory tariffs from Europe are not a negotiation, but the art of the deal.
Analysts have also suggested that the agreement is purely political and serves as a foundation for further negotiations. This is supported by the fact that the White House has not yet disclosed all points of the deal.
At the same time, the reduction of tensions between the US and Europe has had a positive effect on both the stock and cryptocurrency markets. In particular, almost all assets among the top 10 by market capitalization showed growth.
