US–EU agreement on 15% tariffs: Disaster averted – Why many see it as a one-sided compromise
The agreement averts a trade war, includes $600 billion in investments and $750 billion in US energy purchases, but also establishes a baseline 15% tariff on European goods – A blow to the auto industry and a rise in import costs – First reaction from the markets
‘EU trade deal will be the biggest of all if reached,’ said Trump in Scotland
The US President is in Scotland to meet Ursula von der Leyen and Kir Starmers
NASA announces the departure of 20% of its staff
About 3,870 employees are expected to leave the service out of the approximately 18,000 employees it currently has