Donald Trump welcomed his guests on Sunday, July 27, at his Turnberry estate in Scotland, arriving without any written documents – unlike the European delegation, each of whose members brought documents ready for consultation. Once the matter was discussed, the American president addressed the press with a single loose sheet, written in large print, which he then folded into quarters and tucked into his jacket's inside pocket. At that point, no written record of the arrangement was made available to journalists or the public.

The two leaders stated the main parameters orally: Most European exports to the United States would be taxed at a rate of 15%, with a few exceptions. In return, the Europeans said they would purchase large amounts of American energy products and invest hundreds of billions of dollars in the US. On the evening of Monday, July 28, the White House posted a summary of the terms supposedly agreed upon by both sides. However, that document left some questions unanswered, as certain provisions seemed to contradict the European Commission's interpretation.

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