The European Commission says it presumes the United States will impose a 15% tariff on most EU exports from Friday.

President Trump announced Sunday that the United States and the European Union had reached a trade deal after high-stakes meetings in Scotland, just days shy of Friday's White House deadline to enact tariffs.

President Donald Trump announced 15% tariffs on most foreign goods from the European Union, down from the threatened 30%, as part of a trade agreement .