Bitcoin and Co within the Green as Trump Declares “Biggest Deal Ever”, Avoids EU-US Tariff War

Discover key highlights within the DeFi house. This article dives into: “Bitcoin and Co in the Green as Trump Declares “Biggest Deal Ever”, Avoids EU-US Tariff War”.

• Trump and European Commission President Ursula von der Leyen introduced a serious commerce deal breakthrough, which Trump known as the “biggest deal ever reached”.
• The settlement imposes 15% tariffs on most EU items like automobiles and prescribed drugs, however exempts strategic sectors corresponding to plane and semiconductors from tariffs completely.
• In trade, the EU dedicated to US$600 billion in US investments and US$750 billion in American power purchases, plus substantial navy gear procurement.
• Markets reacted positively to the deal that averted a commerce warfare scheduled to escalate on 1st August, with Bitcoin and main cryptocurrencies rising alongside fairness markets.

The US and Europe have simply prevented a full-on commerce warfare. While additionally taking part in golf in Scotland, US President Donald Trump met with European Commission President Ursula von der Leyen to announce they’d made an enormous step ahead of their tariff negotiations. Trump even known as it the “biggest deal ever reached”.

BREAKING: President Trump says the US has reached a commerce cope with the EU.

The deal contains:

1. Agreement to open up commerce at 0% tariff

2. EU to purchase as much as $750B of US power

3. EU to buy “vast amounts” of US auto

4. Tariffs on vehicles diminished to fifteen%

Trump calls…

— The Kobeissi Letter (@KobeissiLetter) July 27, 2025

The deal imposes a 15% tariff on most EU items together with automobiles, semiconductors and prescribed drugs, which represents a discount from beforehand threatened ranges. However, strategic sectors corresponding to plane, sure chemical compounds, generic medicine, and semiconductor gear will profit from a zero-for-zero association that exempts them from tariffs on either side, whereas metal and aluminium tariffs stay unchanged at 50%.

In trade for these commerce phrases, the EU has dedicated to substantial financial investments, together with US$600 billion (AU$914 billion) in US tasks and corporations and US$750 billion (AU$1.14 trillion) in purchases of US power merchandise like oil, fuel, and others, over the approaching years.

The EU may also procure substantial quantities of US navy gear, although the precise quantity hasn’t been formally disclosed.

This settlement efficiently prevented a looming commerce warfare that was set to escalate on August 1st when increased tariffs would have taken impact.

Related: XRP Holders Warned as Ripple Co-Founder Chris Larsen Moves 50M Tokens to Exchanges

Markets, Leaders React Mainly Positively to Deal

While European enterprise leaders have welcomed the soundness this deal offers, some have criticised it as favouring US pursuits greater than European ones.

According to reporting by CNN, Joe Brusuelas, chief economist at RSM stated:

You’re going to pay extra on your European imports. That’s what this implies. This doesn’t improve commerce, this simply units a tax on European items within the United States.

Joe Brusuelas, RSM

Maury Obstfeld, senior fellow on the Peterson Institute for International Economics, commented that the deal didn’t supply something new in essence and doesn’t take away any EU non-tariff obstacles – corresponding to value-added and digital taxes, which Trump has complained about rather a lot.

Markets have to date reacted largely positively to the announcement, with fairness markets transferring increased and most crypto property following that development. Bitcoin is up simply over one p.c on the time of writing and buying and selling at US$119,338 (AU$182,238).

Meanwhile Ethereum, XRP and Solana are all up roughly by 3% over the previous 24 hours, as the full crypto market cap stands at US$3.94 trillion (AU$6 trillion).

Related: Op-Ed: Australia’s AU$19B Tokenisation Gamble Needs Open Rails

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