The European Union and the United States have struck a deal to avoid a painful trade war between the transatlantic allies. Under the deal struck Sunday, the EU says the United States has agreed that whatever the outcome of those investigations,

The United States and the European Union avoided the worst-case scenario: a damaging, all-out trade war between allies that threatened to raise prices on a large number of goods and slow two of the world’s largest economies.

The United States and the European Union agreed on a framework trade deal to end months of uncertainty for industries and consumers.