Share :

Download PDF :

BBC News (29 July 2025)

Emily Atkinson & Laura Gozzi

Leaders from Europe's two largest economies have led a chorus of gloomy reactions to the trade deal struck between EU chief Ursula von der Leyen and US President Donald Trump.

German Chancellor Friedrich Merz said the agreement would "substantially damage" his nation's finances, while French Prime Minister Francois Bayrou said it was tantamount to "submission".

The reaction has been downbeat across the bloc - though several capitals acknowledged signing an uneven deal was worth it in order to avert an all-out trade war.

Click for more