Trump and von der Leyen Set to Discuss Trade Deal in Scotland

European Commission president Ursula von der Leyen and United States President Donald Trump are set to meet in Scotland on Sunday to discuss tariffs. The meeting follows intense negotiations to avoid a trade war and finalize a deal on import duties. The draft agreement includes a 15% tariff on EU-US trade, up from the current 10%.

Both sides are working closely to reach an agreement, with hopes of signing off before the weekend. The EU aims to cap future tariffs on pharmaceuticals at 15% and reduce the 25% tariff on EU-made cars. National governments are willing to accept the 15% tariff to bring certainty and avoid an escalating trade war.

Taoiseach Micheál Martin emphasized the importance of securing a deal to prevent disruptions in the pharma supply chain. He highlighted the mutual benefit of trade between the EU and the US and the potential risks of unilateral actions. Both sides are working towards a framework agreement to address specific sectors and ensure stability in transatlantic trade.