The United States and the European Union are rapidly working to finalize the details of a preliminary trade deal reached on July 27, 2025. While the agreement has helped the EU avoid an immediate trade conflict with the US, it has drawn criticism from European officials, business leaders, and analysts who question its potential to stabilize transatlantic economic relations. Market reactions and expert opinions suggest skepticism about the deal’s ability to bring lasting stability, with concerns that it may complicate the European economy. Both sides are focused on locking in the final terms of the agreement amid ongoing scrutiny.