U.S. and EU avoided a damaging trade war.
New agreement sets tariffs at fifteen percent level.
Relief, not celebration, followed the fragile deal.
Tariffs now higher than Trump’s earlier rates.
Deal prevented even steeper tariffs Trump threatened.
European leaders acted quickly under pressure and urgency.
Trump responded positively to von der Leyen’s call.
Months of talks brought no clear resolution earlier.
Framework reached days before deadline in late July.
Trump and von der Leyen finalized basic framework.
Agreement full of caveats, short on details.
Fifty percent tariff threat loomed over Europe.
Europe had its own retaliation plans ready.
Both sides seemed more relieved than happy.
“We made it,” Trump said during announcement.
“Rebalance but enable trade,” said von der Leyen.
Markets responded mildly with modest futures gains.
