The United States and the European Union unveiled a joint framework aimed at reducing uncertainty by outlining tariff eliminations and a maximum baseline of 15 percent on most EU goods entering the US with some exceptions. The plan covers cars and parts a 15 percent duty from the start while granting mutual recognition of certain standards. It also sets out future tariffs on pharmaceuticals semiconductors and lumber after reviews and strategic purchases including US LNG oil nuclear energy and AI chips. The agreement emphasizes regulatory cooperation cross border investment and protections for digital trade and supply chains.
US-EU trade deal outlines tariff framework and strategic cooperation
