President Donald Trump unveiled a trade agreement with the European Union on Sunday, making it the latest in a series of accords as the White House threatens to slap tariffs on dozens of countries this week.

The 15 percent tariff rate agreed under the new deal could significantly impact pharma firms reliant on European imports.

President Trump met with top European officials demanding fairer trade with the 27-member European Union at his golf course on the Scottish coast.

The energy purchases are a key component of a trade deal struck between the European Union and the U.S. over the weekend.

FRANKFURT, Germany — The European Union’s trade agreement with the Trump administration is getting mixed reviews. EU officials say they warded off a total economic disaster. But French officials in particular say the EU punched below its weight while economists say the deal is dangerously vague.

U.S. agreement, secured by President Donald Trump in Scotland, imposes a 15% tariff on most European goods but does not outline a tariff for the wine and spirits industry.

Trump announced the deal a short time after his meeting with European Union Commission President Ursula von der Leyen at Trump Turnberry.