In a bold diplomatic win for President Donald Trump, the United States has secured a massive new trade agreement with the European Union that will reshape transatlantic commerce for years to come. The announcement, made from Trump Turnberry in Scotland alongside European Commission President Ursula von der Leyen, revealed that Europe will purchase $750 billion worth of U.S. energy, eliminate tariffs on American goods, and open its markets in ways previously thought impossible under past administrations.

At the heart of the deal is a staggering commitment: the EU will buy three-quarters of a trillion dollars in American energy products, a move designed to boost U.S. energy dominance and reduce Europe’s reliance on foreign powers like Russia. Trump described the breakthrough as “historic,” emphasizing that the EU will also invest another $600 billion into the American economy—on top of existing investments.

In addition to economic benefits, Trump touted a fresh 15% tariff on European imports to the U.S., including cars and other manufactured goods, while maintaining the 50% steel and aluminum duties already in place. Trump made it clear this was part of a broader strategy to protect American jobs and industries.

“We have the opening up of all of the European countries,” Trump said. “You weren’t exactly taking our agriculture, and now it’s open.”

European leaders seemed to recognize the pressure to deal. President von der Leyen admitted the EU had been benefiting from a trade surplus with the U.S., calling the deal a necessary “rebalancing” of a lopsided relationship.

“The starting point was an imbalance,” she said, noting that the agreement will now ensure “good jobs and prosperity on both sides of the Atlantic.”

German Chancellor Friedrich Merz, an advocate for quickly resolving negotiations, reportedly urged Brussels to move fast rather than draw out talks. That pressure clearly paid off. European leaders may have feared being left behind as Trump realigned global trade relationships in favor of American workers.

The deal also includes an unspecified but significant commitment from EU countries to purchase American military equipment. Trump estimated the figure to be in the “hundreds of billions,” though the exact total has yet to be finalized.

This agreement comes amid a surge of international negotiations by Trump, who has also recently orchestrated a ceasefire between Thailand and Cambodia, delivered a scathing ultimatum to Vladimir Putin over Ukraine, and challenged the United Nations on its approach to Palestinian statehood. The trade deal further solidifies Trump’s posture as a dealmaker-in-chief, unafraid to set firm terms and demand respect on the global stage.

The EU-U.S. trade relationship remains the world’s most valuable, accounting for nearly 30% of all global trade. But with this new deal, Trump appears to have dramatically tilted the balance—forcing Europe to drop its protectionism and embrace a level playing field that gives American exporters unprecedented opportunities.

With billions in new revenue, a rebalance of tariffs, and increased energy sales, Trump’s economic strategy continues to redefine what’s possible in international trade—and he’s not finished yet.