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What new trade deals mean for American consumers

03:45

President Trump calls the framework for a trade deal with the European Union "the biggest deal ever made." Most goods that the European Union exports to the U.S. will be taxed at 15%. What do these deals mean for American consumers?

Here & Now's Scott Tong discusses with CBS News business analyst Jill Schlesinger.

This segment aired on July 28, 2025.

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