The United States has reached a trade agreement with the EU, imposing a 15.00% tariff on EU goods imported into the US.
Powered by ChatGPTOn July 28th, according to Jinshi Data, local time July 27th, US President Trump stated that the US has reached a trade agreement with the EU, imposing a 15% tariff on EU goods imported into the US. Trump stated that the EU will increase its investment in the US by $600.00B more than before, the EU will purchase US military equipment, and will purchase $750.00B worth of US energy products. Trump stated that tariffs on steel and aluminum will remain as they are, energy is a key part of this agreement, the agreement will benefit the automotive industry, and will also have a significant impact on agriculture. The US will invest a lot of energy in the chip field, and the British Prime Minister is happy with this agreement. US Secretary of Commerce Luttnyk stated that the US will determine the tariff policy on chips within two weeks. [TechFlow]