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The EU and US release more details on their trade deal
This framework agreement on “Reciprocal, Fair, and Balanced Trade” is not a legally enforceable treaty but rather a clarification of the handshake deal between US President Donald Trump and European Commission President Ursula von der Leyen. It confirms key elements: • A 15% US tariff on most European goods • European intentions to reduce or eliminate certain tariffs on US goods • Increased European purchases of US energy • Greater investment in the US • You can read the full statement here The agreement outlines which sectors will be subject to the 15% tariff. For Europe, it’s a relief that ... (full story)
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- Aug 21, 2025 9:16am Posted byFundamental Analysis4,894
