President Donald Trump and European Commission President Ursula von der Leyen met for a pivotal discussion before Trump’s Aug 1. tariff deadline.

The best that can be said for the EU-US trade deal agreed on Sunday — at least from a European perspective — is that it could have been a lot worse. After all, the 15% tariff that America will now charge on almost all European imports is half the 30% tariff that Donald Trump had threatened to impose from Aug.