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 European Union and the US have announced a political agreement that will completely reset the €1.7 trillion ($2 trillion) transatlantic trade relationship.

President Donald Trump struck a trade deal with the European Union, or EU, which fundamentally rebalances the economic relationship between the world’s two largest economies.