On July 28 (UTC+8), the EU and the US reached an agreement. To avoid a trade war, the EU agreed to accept a uniform tariff of 15.00% on most export commodities, including automobiles, and pledged to purchase $750.00B of US energy products, add $600.00B in investment in the US, open markets, and procure US military equipment. The full terms of the agreement have not yet been released, and the two sides still have differences on some details. (Source: Mlion.ai) [MetaEra]

The EU and US reach trade agreement to avoid trade war

The EU and US reach trade agreement to avoid trade war