US Reaches 15% Tax Rate Tariff Agreement with EU
Powered by ChatGPTOn July 28 (UTC+8), 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 compared to 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 have a significant impact on agriculture. The US will invest a lot of energy in the chip sector, and the British Prime Minister is happy with this agreement. US Commerce Secretary Luttnyk stated that the US will determine the tariff policy on chips within two weeks. [MetaEra]