The United States and European Union have reached a major trade agreement, setting a 15% tariff on most EU goods exported to America—down from the 30% previously threatened by President Trump. The deal, announced just days before a looming tariff deadline, is being touted by Trump as a historic win for the US, with Europe agreeing to buy billions in American energy and weaponry. While the agreement has calmed global markets and avoided an immediate trade war, it has drawn sharp criticism from some European leaders, especially in France, who see it as a capitulation to US pressure. Key sectors like autos and aviation face significant impacts, and questions remain about the long-term effects on European industry and transatlantic relations. The deal brings short-term stability but leaves unresolved tensions and uncertainty about future trade dynamics.
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