Has the US reached a trade deal with the EU?
Asked 5 hours ago
Answer
The US and EU have formalized a new trade agreement. The deal introduces a 15% US tariff on most EU imports, while the EU will eliminate tariffs on all US industrial goods and grant preferential access for US seafood and agricultural products. Key sectors like cars and pharmaceuticals benefit, but tariffs on wine, spirits, and beer remain unchanged.
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U.S. and EU lock in trade deal
Reuters ยท Just In
Reuters
Just In
- U.S. and EU have finalized a trade deal including a 15% U.S. tariff on most EU imports. 8s
- The EU will eliminate tariffs on all U.S. industrial goods and give preferential access to U.S. seafood and agricultural products. 33s
- The U.S. will reduce tariffs on cars and car parts, with the EU seeking retroactive lower tariffs for its car exports. 44s
- Tariffs on wine, spirits, and beer remain unchanged, though the EU hopes for future negotiations. 59s
- Leaders from both sides described the agreement as historic and suggested it could be expanded. 1m 37s
