The European Union and the United States have struck a deal to avoid a painful trade war between the transatlantic allies. Under the deal struck Sunday, the EU says the United States has agreed that whatever the outcome of those investigations,

The U.S.-EU trade agreement imposes 15 percent tariffs on most European imports, avoiding the 30 percent levies that President Trump had threatened. Critics argue the deal disproportionately favors

President Donald Trump struck a trade deal with the European Union, or EU, which fundamentally rebalances the economic relationship between the world’s two largest economies.