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US, EU reach 15% tax rate tariff agreement

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Odaily
262Words
Jul 27, 2025

U.S. President Trump stated that a trade agreement has been reached with the EU, and the EU will invest $600.00B more in the U.S. than before. The EU has agreed to allow countries to conduct tariff-free trade, and all countries will open their markets to the U.S. The EU will purchase a large amount of military equipment from the U.S. and has agreed to implement a uniform 15% tariff on automobiles. The EU will purchase hundreds of billions of dollars worth of military equipment.

[Odaily]
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