The United States and the European Union have reached a trade agreement following negotiations in Scotland. The deal, brokered by US President Donald Trump and EU Commission President Ursula von der Leyen, introduces a 15% tariff on European exports to America. Details of the agreement beyond the tariff rate remain scarce, but both leaders hailed it as a significant step forward in transatlantic relations. The 'tough negotiations,' as described by sources, suggest compromises were made on both sides to secure the deal, which is expected to impact various sectors of the European economy.