The U.S. and Europe agree to a trade deal.

On Sunday, President Donald Trump announced that the United States and the European Union (EU) had reached a trade deal following a meeting between Trump and the European Commission President Ursula von der Leyen. The U.S. and the EU agreed to a 15% tariff on most European goods imported to the U.S., as well as a commitment from EU members to buy $750 billion worth of U.S. energy and increase investments in the U.S. by $600 billion, including through the purchase of military equipment. The deal comes just days before the August 1 deadline Trump set for countries to negotiate a trade deal with the U.S. or face increased tariffs. 

Tangle LIVE tickets are available!

• We’re excited to announce that our third installment of Tangle Live will be held on October 24, 2025, at the Irvine Barclay Theatre in Irvine, California. If you’re in the area (or want to make the trip), we’d love to have you join Isaac and the team for a night of spirited discussion, live Q&A, and opportunities to meet the team in person. You can read more about the event and purchase tickets here.

Ad-free podcasts are here! Tangle LIVE tickets are available!

Many listeners have been asking for an ad-free version of this podcast that they could subscribe to — and we finally launched it. You can go to ReadTangle.com to sign up!

You can read today's podcast⁠ ⁠⁠here⁠⁠⁠, our “Under the Radar” story ⁠here and today’s “Have a nice day” story ⁠here⁠.

Take the survey: What do you think of the trade deal between the U.S. and EU? Let us know!

Disagree? That's okay. My opinion is just one of many. Write in and let us know why, and we'll consider publishing your feedback.

You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. 

Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.

This podcast was written by: Isaac Saul and edited and engineered by Jon Lall. Music for the podcast was produced by Diet 75.

Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Lindsey Knuth, Kendall White, Bailey Saul, and Audrey Moorehead. 

Hosted on Acast. See acast.com/privacy for more information.