President Donald Trump announced a historic trade agreement with the European Union. This agreement will pave the way for significant economic relations between the two parties.

Trump stated that after his meeting with EU Commission President Ursula von der Leyen in Scotland, they agreed on a 15% tariff on cars and other products. This is a crucial step to end trade disputes between the US and the EU.

The agreement includes the EU purchasing $750 billion worth of energy from the US and investing an additional $600 billion. Trump noted that this agreement would bring the two sides closer together.

EU Commission President Ursula von der Leyen emphasized that the agreement would bring stability and predictability, which is extremely important for businesses on both sides of the Atlantic.

Trump expressed that the agreement would increase European arms purchases from the US, amounting to hundreds of billions of dollars. The details of the agreement present significant opportunities for both parties.