US-EU trade agreement - what's at stake?

美欧贸易协议——何在攸关?

World Business Report

2025-07-28

26 分钟
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单集简介 ...

The US and EU have struck a new trade agreement, easing tensions over tariffs. Rahul Tandon explores what this breakthrough means for key sectors. We hear from Karin Karlsbro of the European Parliament’s Trade Committee and Hildegard Müller, President of the German Automotive Industry Association as well as Tomas Philipson who served as the Acting Chairman of the Council of Economic Advisers in the First Trump administration.
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  • Hello and welcome to World Business Report from the BBC World Service.

  • I'm Rahul Tandon.

  • Plenty coming up on this edition.

  • We've been here before, haven't we?

  • We are here once again.

  • It's all about tariffs with the world's largest economy,

  • the United States and the European Union agreeing a trade deal between them,

  • the US and the EU account for nearly a third of global trade.

  • So huge consequences here.

  • So on this edition of World Business Report, we're going to focus on this announcement.

  • by the European Commission President Ursula von der Leyen and the US President Donald Trump.

  • I think it's great that we made a deal today instead of playing games and maybe not making a deal at all.

  • I think it's, I'm going to let you say, but I think it's the biggest deal ever made.

  • Thank you very much.

  • Congratulations.

  • We have a deal.

  • We have a trade deal.

  • between the two largest economies in the world.

  • We're going to provide you with plenty of analysis during the course of the program.

  • But firstly, I wanted to start by bringing in a familiar voice on the program,