What we know about the EU-US trade deal | AFP

The European Union and the United States have struck a deal to avoid a painful trade war between the transatlantic allies. The stakes were high with a looming 1 August deadline set by Washington and a $1.9 trillion trading relationship on the line. Leaders agreed exports from the 27-country bloc will face a baseline US levy of 15 percent instead of a threatened 30 percent -- but the deal does not satisfy everyone. Here is what we know so far.