Thursday, February 5, 2026

Deal or no deal? World leaders walk tightrope in tariff negotiations with Trump

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It was grip-and-grin time for Ursula von der Leyen as she sat across from Donald Trump in Scotland last week, with the two announcing a deal for 15% tariffs on European imports that would avert a transatlantic trade war – but came at a stiff price for the 27-country bloc.

After committing to a unilateral US raise on tariffs that came on the heels of a Nato commitment to increase defense spending to 5% of national GDPs, von der Leyen then thanked Trump “for his personal commitment and his leadership to achieve this breakthrough”.

“He is a tough negotiator, but he is also a dealmaker,” she said, as the US president

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