The European Union and the United States announced a tariff deal on Sunday that will see most EU exports face a 15% tariff, nearly three months after Britain locked in a 10% baseline tariff rate. EU leaders have said their deal offers more certainty given the threat of higher U.

Plus: Farmers are facing a fork amid the immigration crackdown. | Israel pauses some military action in Gaza amid ongoing starvation concerns.

The good news is that an all-out transatlantic trade war appears to have been averted. European Commission President Ursula von der Leyen has confirmed the broad outlines of the accord, which appears to be more of a framework than a formal line-by-line agreement.