BRUSSELS. European Commission President Ursula von der Leyen and US President Donald Trump reached an agreement to resolve a trade dispute over tariff increases on Sunday evening in Turnberry, Scotland, EU sources said.

This was reported by the DPA press agency for the consortium of European news agencies (Europeam Newsroom, ENR).

As part of the deal, Trump said, the EU would agree to $750 billion in energy purchases and increased investment in U.S. military equipment. Trump told American reporters after the talks, according to Brussels-based Politico.

The tariff rate on imports from the EU would be 15 percent, according to Trump, and the same rate would apply to cars. However, the agreement does not apply to medicines.

Ahead of the talks, Trump reiterated his demands for greater"fairness" and better market access for American products.

The EC delegation was led by its President von der Leyen and the European Commissioner for Trade and Economic Security, Maroš Šefčovič, who has already met with his American partners several times this year in an effort to avoid a trade war and negotiate a mutually beneficial agreement.

"I think both sides want to see justice," Trump said before the meeting at the Turnberry golf resort in Scotland.

He immediately warned that the US-EU trade relationship was"a very, very one-sided deal and it shouldn't be that way," adding that if the two sides manage to reach an agreement, it would end the current tariff disputes between the two economic powers.

However, Trump immediately said in response to questions from reporters that the EU could not expect a lower tariff rate on its goods exported to the US than 15 percent.

In July, the US president threatened the EU with 30% tariffs on all European imports from August 1.