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EU's $750B Trade Deal Faces Congressional Hurdles

8/6/2025

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Summary

Story summary

European Commission President Ursula von der Leyen is under fire for the EU's controversial trade deal with the U.S., struck during Trump's presidency. The pact promises a staggering $750 billion in energy purchases and $600 billion in investments by 2028, yet it remains unapproved by Congress, raising fears of potential tariff hikes in the future.

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Story summary

European Commission President Ursula von der Leyen is under fire for the EU's controversial trade deal with the U.S., struck during Trump's presidency. The pact promises a staggering $750 billion in energy purchases and $600 billion in investments by 2028, yet it remains unapproved by Congress, raising fears of potential tariff hikes in the future.