U.S. And European Union Agree On Trade Deal—Setting Tariffs At 15%
1. U.S. and EU agree to a 15% tariff rate on exports. 2. EU to buy $750 billion in energy and invest $600 billion in U.S. 3. Tariff deal alleviates fears of a U.S.-EU trade war. 4. Stability and predictability expected for businesses on both sides. 5. Specific tariffs still apply to certain sectors, like steel.