The 15 percent tariff rate agreed under the new deal could significantly impact pharma firms reliant on European imports.

Donald Trump has returned to his golf course in Turnberry, Scotland, for a round before discussing trade with European Commission chief Ursula von der Leyen.

The 15% rate is higher than the current 10% tariff rate on European luxury goods. Investors may have wanted better terms for the sector.

TURNBERRY, Scotland, July 27 (Reuters) - European Commission President Ursula von der Leyen met U.S. President Donald Trump on Sunday to clinch a trade deal that would likely result in a 15% tariff on most EU goods, but end months of uncertainty for European Union companies.

President Donald Trump says Hamas is reluctant to release the remaining hostages amid Israel's increase in humanitarian aid efforts in Gaza on Sunday.

Todd Blanche, a former personal lawyer for President Trump, is now the No. 2 official at the Department of Justice and is handling the Epstein matter. His involvement raises unusual questions.

The controversy over the Jeffrey Epstein files has now followed President Trump to Scotland. Staff Writers at The Atlantic Ashley Parker and Charlie Warzel, former Rep. Max Rose and Mark McKinnon, former advisor to George W.