President Donald Trump said that the United States reached a trade deal with the European Union.

He told reporters it will include a 15% tariff across on most imports, including automobiles. The deal comes after months of trade talks between the two bodies.

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The deal is in line with recent trade deals the Trump administration has struck with other countries. A 15% tariff deal was recently announced with Japan.

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The trade deal still represents a large increase in tariffs for the U.S.-EU relationship.

Ursula von der Leyen, the president of the European Union, said that this deal will “rebalance” the American and European trading relationship. The two leaders met while Trump was on a trip to Scotland.

This is a breaking news story and will be updated.