Oil Prices Climb as U.S. and EU Reach Historic Tariff Agreement
Monday, 28 July 2025 () The United States and European Union officially reached a tariff agreement on Sunday, averting a potentially crippling transatlantic trade war. Following months of contentious negotiations, U.S. President Donald Trump and European Commission President Ursula von der Leyen announced the deal at Trump’s Turnberry golf resort in Scotland. The announcement sent oil prices higher on Monday, with West Texas Intermediate (WTI) crude rising to $65.52 and Brent crude climbing to $68.84. Market optimism was buoyed by the expectation of increased U.S.…
President Trump has announced the finalization of a major trade agreement with China, declaring "It's done." The deal includes upfront rare earth mineral supplies from China, a long-standing sticking..
Oil prices moved higher in early Asian trade on Monday after the U.S. and EU reached a tariff agreement, averting a major trade war. The framework sets U.S.... OilPrice.com
A key feature of the agreement is a significant reduction in tariffs, with India’s average tariff on UK products coming down from 15% to just 3%. This will... Zee News
Monday, 28 July 2025 ()
![U.S-CHINA TRADE DEAL:“IT’S DONE” Trump CLINCHES Massive Trade Deal With China | Rare Earths Sealed [Video]](https://video.newsserve.net/300/v/20250611/1413627036-CHINA-TRADE-DEAL-“IT-DONE”.jpg)
