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Us and Eu Trade Deal: Under this agreement, the US has reached zero tariffs in EU for some major goods, while EU has promised to buy energy of $ 750 billion from the US and invest $ 600 billion.
Agreement between European Union and America. (Credit- Reuters)Highlights
- A new trade agreement was signed between the US and the European Union.
- America will now impose 15% tariffs on European goods.
- EU promised to buy energy of $ 750 billion from the US.
What in the agreement,
Press Conference In Von Der Leyen Said that medicines have also been included in this 15 percent tariff structure and more business action can be taken by the US in future. When asked what EU If a 15 % tariff on cars is a good deal, then Von Der Leyen pointed out that Trump In the first term of EU A total of 27.5 percent tariffs were taken on cars, 25 percent Trump The special fee and 2.5 percent basic fee of the of, then now the tariff of 15 percent is less than before. Although Chairman of International Trade Committee of European Parliament Burnd Lenge Described this agreement as unbalanced and unsatisfactory. He said that with this EU The economic stability and jobs can be threatened. Before EU More than 70 percent exports were charged in the US, such as steel and Aluminum But 50 percent, cars and their Parts But up to 25 percent and 10 percent on many other items. Trump Had warned that if there was no agreement by August 1, the 10 percent fee would be increased to 30 percent. This agreement is reached at a time when both sides were concerned about tariff imbalance and business pressures.
What is the importance of agreement,
This agreement Trump 30 on August 30 After the threat of percentage tariffs, which EU K could affect the export of $ 605 billion. In the year 2024 EU With America € 197 Arabia’s trade surplus was, which Trump Consider unfair. With this deal, American cars and agricultural products will be able to reach Europe easily, while EU Will help reduce dependence on Russian gas. German Chancellor Frederich Merge Welcomed the deal, especially Auto For the industry, because 27.5% tariff declined to 15%. Italian Prime Minister Georgia Meloni Described it as a guarantee of stability, but said to wait for details. Although the chairman of the trade committee of European Parliament Burnd Lenge Has termed the agreement unbalanced and said it EU The economic stability and can endanger the jobs.
