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'Best we could get': Brussels defends EU-U.S. trade deal

Euronews · Recent
Euronews
Euronews
Recent

"This is clearly the best deal we could get under very difficult circumstances," said Maroš Šefčovič, the European Commissioner for Trade.

Breakdown
  • US to impose 15% tariffs on European products, while American goods enter Europe freely. 7s
  • EU secured exemptions for certain goods, including aircraft components and agricultural products. 34s
  • Tariffs on European vehicles reduced from 27.5% to 15%; steel and aluminium tariffs remain. 55s
  • EU pledged to buy $750 billion in US energy and military equipment; European companies to invest $600 billion in the US. 1m 23s
  • Some EU lawmakers criticize the deal as disadvantageous, citing lack of unity among member states. 1m 38s
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