By: Express Web Desk July 27, 2025 23:28 IST 2 min readUS President Donald Trump said on Sunday that the United States and the European Union have reached a framework for a trade deal after talks with European Commission President Ursula von der Leyen, CNN reported.Speaking in Turnberry, Scotland, Trump said the agreement includes major commitments from the EU on energy purchases and investment.“The European Union is going to agree to purchase from the United States $750 billion worth of energy,” Trump said, according to Reuters. “They are going to agree to invest into the United States $600 billion more than they’re investing already.”The talks took place ahead of a Friday deadline to avoid new 30% tariffs on most EU goods. Trump had previously announced that duties would rise from a baseline of 10% to 30% starting August 1 if no agreement was reached.Trump said the US would not lower its proposed 15% across-the-board tariff rate for the EU. He also confirmed that other countries failing to make a deal would face new duties from Friday, except for tariffs already in place on steel and aluminium. “Most of the deals, other than steel and aluminium, which we’ve been getting 50% tariffs from,” he said.Earlier in the day, US Commerce Secretary Howard Lutnick told Fox News Sunday that there would be no extensions or grace periods beyond August 1. “August 1, the tariffs are set. They’ll go into place,” he said, adding that large economies could continue trade discussions with the US.During the talks, von der Leyen described Trump as “a tough negotiator and dealmaker,” according to CNN.Story continues below this adMore details on the framework and next steps are expected in the coming days.Stay updated with the latest - Click here to follow us on Instagram© IE Online Media Services Pvt LtdTags:Doanld Trump