Lisa O’Carroll

EU tariff = 15%
UK tariff =- 13.8%

Why? EU 15% includes pre- Trump average most favoured nation tariff of 4.8%.

UK's 10% tariff is stacked on top of pre-Trump average, a spox for dept of biz and trade confirmed.

Pre-Trump UK average was 3.8% Reuters data )
www.theguardian.com/us-news/live...

Also absent from the list is Australia, who Trump said (in Scotland) was close to a deal.
Australia’s trade minister, Don Farrell, said Friday the WH had confirmed that no country had reciprocal tariffs lower than Australia, suggesting Trump had left the 10% baseline tariffs on Oz unchanged.

To be more precise Falklands only other trading partner on the list that is specified at 10%... ie gets a special mention along with the UK, which has done a deal. It is a British Overseas Territory.

Falklands + the UK only countries at 10%.

Trump imposes sweeping new tariffs on dozens of countries in latest bid to reshape global trade High levies affecting some of world’s poorest countries are to go into effect in seven days, while Mexico granted 90-day extension

Full list - five pages of tariffs here

www.theguardian.com/us-news/2025...

Trump tariffs live: new rates on 92 countries released; Canada PM ‘disappointed’ at 35% levy Donald Trump orders 10% tariffs on goods imported from all countries bar those from 92 nations subject to higher levies; Mark Carney says Canada will ‘diversify’ its export markets

TRUMP: Goods imported from every nation on Earth will be subject to a 10% tariff except for goods from the 92 countries listed. Highest tariff is on goods from Syria, 41%
Canada is 35% and Brazil 40% on top of the 10%
Follow here
www.theguardian.com/us-news/live...

Trump warns Pharma companies to drop prices or face or “he will deploy every tool in our arsenal to protect American families from continued abusive drug pricing practices”

Trump extends deadline for tariff deal with Mexico by another 90 days Move fuels speculation US president may also announce pauses for dozens of countries facing punitive levies from Friday

Trump extends 1 August deadline for Mexico. He is due to sign executive orders at 4pm Washington time.

www.theguardian.com/us-news/2025...

New York Times
Satellite image of people in Gaza

www.nytimes.com/2025/07/29/w...

Zelenskyy says at least 22 people killed in Russian attacks on Ukraine, hours after Trump put pressure on Moscow – Europe live At least 85 people injured in overnight attacks after Trump said he will shorten the deadline for reaching an agreement on a ceasefire to ‘10-12 days’

Howard Lutnick claims EU-US deal is a "sensational" victory for Donald Trump and a "masterclass" in negotiations.
He also claims tech was still on the table (EU says its not) and that Sanofi in France would have become American without a deal
www.theguardian.com/world/live/2...

European Commission proposes partially suspending Israel from Horizon programme Horizon Europe is among most prestigious science research programmes in the world

Full story: EU considers proposal to suspend Israel from part of the flagship Horizon European science research fund.

www.theguardian.com/world/2025/j...

Statement by President von der Leyen on the deal on tariffs and trade with the United States Today\'s deal creates certainty in uncertain times. It delivers stability and predictability, for citizens and businesses on both sides of the Atlantic. This is a deal between the two largest economie...

NEW: The EU considering a partial suspension of Israel from its flagship Horizon Europe science research programme, it has announced. ec.europa.eu/commission/p...

Fact Sheet: The United States and European Union Reach Massive Trade Deal MAKING GLOBAL HISTORY: Yesterday, President Donald J. Trump announced a trade deal with the European Union (EU), fundamentally rebalancing the economic

White House has now published text of the Turnberry golf resort agreement between EU and US.

It states very clearly that pharma will be tariffed at 15%.

Adds to the existing confusion. The question is when?
www.whitehouse.gov/fact-sheets/...

NEW: Clarification on US-EU deal pharma tariffs confusion.
Pharma will remain zero rated on Friday. Trump wanted to remain free to concluded his 232 investigation. When and if tariffs are imposed, the EU has assurances they will be at 15%. This explains why Trump + VDL right.

Trump and von der Leyen announce US-EU trade deal Agreement includes 15% baseline tariff for most EU exports to US after deal reached at Scotland crunch talks

EU US trade deal gets off to shaky comms start
Trump - pharma not in deal
VDL says it is,
Trump - steel still at 50%, VDL says quotas
Deal also divides NI and RoI - NI has 10% RoI has 15% tariff
VDL admitted tensions in room at start of meeting
Details below

www.theguardian.com/us-news/2025...

IRELAND AND TRUMP
The US-EU deal will greeted with the utmost sensitivity in Ireland, not just because pharma is still not out of the woods, but because it creates a differential in trading rates between Northern Ireland (10% as part of UK deal) and Republic of Ireland (15% as part of EU)

The US-EU deal will greeted with the utmost sensitivity in Ireland, not just because pharma is still not out of the woods, but because it creates a differential in trading rates between Northern Ireland (10% as part of UK deal) and Republic of Ireland (15% as part of EU)

Trump and von der Leyen announce US-EU trade deal Agreement includes 15% baseline tariff for most EU exports to US after deal reached at Scotland crunch talks

More details - Trump and EU sign trade deal after 4 months of talks.
- 15% baseline tariffs.
- 50% tariffs on steel to continue
- pharma and semi-conductors not in deal
- EU to purchase $750bn of energy from US
- EU promises $600bn investment

www.theguardian.com/us-news/2025...

NEW: Trump says pharmaceuticals will not be part of EU deal, if sealed.
Says that he will not be going below 15%
Say if he does deal will last for years.

Trump: still rates deal with EU as “50/50”.we’ll probably know in about an hour, shouldn’t take long”. Says there are “3 or 4 sticking points”. “ the main sticking point is fairness” “this is bigger than any other deal”

Von der Leyen and Trump will meet in the DJT Ballroom at Donald J Trump's Scottish golf resort in Turnberry, it has emerged.

NEW :Trump, Lutnick and Greer will meet Von der Leyen, Sefcovic, her chief of staff Björn Seibert, Sabine Weyand (remember her from Brexit days) and Tomas Baert, member of VDL's cabinet and key member of negotiating team. Presser expected after meeting at 4.30pm BST, 5.30pm CET. Press conf after

EU delegation poised for Trump trade talks in Scotland Maroš Šefčovič arrives to join Ursula von der Leyen, although US president says chances of deal still 50/50

NEW: Sefcovic, Greer, Lutnick fly into Glasgow as hopes rise of tariff deal with Trump. Will end 200 hours of face to face and video meetings in one of the most unpredictable negotiations. This morning Trump shouted at Sky News chance was still only 50/50
www.theguardian.com/us-news/2025...

Ursula Von der Leyen to meet Donald Trump after 4pm tomorrow at this Turnberry golf resort in Scotland

Von der Leyen to meet Trump in Scotland with EU-US deal apparently imminent Commission chief to meet president on Sunday as Irish PM says deal will ‘hopefully’ be signed this weekend

Full story: US and EU trade deal imminent as Ursula von der Leyen to meet Trump in Scotland on Sunday at his invitation. Irish taoiseach says he hopes deal is done by end of weekend. www.theguardian.com/world/2025/j...

Breaking; Trump says only 50:50 chance of deal with the EU. “I would say that we have a 50: 50 chance, maybe less than that but a 50:50 chance of making a deal with the EU… “i would have said we have a 25% chance with Japan and they kept coming back and we made a deal “

Was boarding plane to Scot

Volkswagen takes €1.3bn hit from ‘high costs’ of Trump tariffs Manufacturer cuts profit margin range for year as German car exports to US fall sharply

Trump tariffs hitting car industry hard - today VW says it has taken a €1.3bn hit. On Monday Stellantis said it had cost it €300m so far and Volva has paused exports of some cars with profits also hit. No wonder Merz is pushing for quick deal.

www.theguardian.com/business/202...

Thanks Peter for spotting that. It was corrected

Thanks for pointing out. Will get that changed. Always quicker to email me

EU and US nearing trade deal that would put 15% tariffs on imports from bloc Rate would apply to most goods but bloc still hardening retaliatory measures in case Trump does not agree deal

Eu and US near new agreement proposal that would see 15% tariffs on bloc with some exemptions. Also prepare a retaliatory 30 % tariff if Trump doesn’t agree. Vote tomorrow. Overall Means EU wd have worse deal than UK

www.theguardian.com/business/202...