Reported about 7 hours ago
European Commission President Ursula von der Leyen described the recently secured trade deal with the United States as the 'best we could get,' emphasizing its significance in light of the potential 30% tariffs on EU imports. The agreement sets a baseline tariff of 15% on most goods, including cars and pharmaceuticals, and includes a zero-for-zero rate for certain strategic products. Von der Leyen highlighted the EU's commitment to purchasing $750 billion of U.S. LNG and nuclear fuel over three years and aims to phase out Russian gas imports by 2028, citing the deal as a source of stability during uncertain times.
Source: YAHOO