The United States and European Union have reached a major trade agreement, setting a 15% tariff on most EU goods exported to America—half the 30% previously threatened by President Trump. The deal, announced just before a looming tariff deadline, is being hailed by some European leaders as a way to avoid a damaging trade war and bring stability to transatlantic relations. However, the agreement has drawn sharp criticism from countries like France, who see it as a capitulation to US demands and a 'dark day' for Europe. The pact includes significant commitments from the EU to purchase US energy and weaponry, and offers some exemptions for key industries. While markets and investors have reacted positively, questions remain about the long-term impact on European exporters and the future of US-EU trade relations.
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