Who are the winners and losers in US-EU trade deal?

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James FitzGerald and Tom Geoghegan

BBC News

Getty Images Donald Trump, dressed in a suit, in a meeting with Ursula Von der Leyen of the EU at Turnberry Golf Club in ScotlandGetty Images

The US and EU have struck what is being billed as the largest trade deal in history, after talks in Scotland.

It actually resembles the framework for an agreement rather than a full trade deal, with details still unclear.

But the headline figures announced by President Donald Trump and EU chief Ursula von der Leyen do offer clues about which sectors and groups could be hit hardest or have most to gain.

Trump – winner

After promising new trade deals with dozens of countries, Trump has just landed the biggest of them all.

It looks to most commentators that the EU has given up more, with instant analysis by Capital Economics suggesting a 0.5% knock to GDP.

There will also be tens of billions of dollars pouring into US coffers in import taxes.

But the glowing headlines for Trump may not last long if a slew of economic data due later this week show that his radical reshaping of the US…

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