The United States and the European Union have reached a preliminary trade deal to avoid a 30% U.S. tariff on imported goods from the EU that President Donald Trump threatened would go into effect on Aug.

The United States and the European Union agreed on a framework trade deal to end months of uncertainty for industries and consumers.

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,