| The outcome of the negotiations between Trump and the unelected leader of the European Commission, Ursula von der Leyen:
| The outcome of the negotiations between Trump and the unelected leader of the European Commission, Ursula von der Leyen:
- EU products will face a 15% tariff, while U.S. products will have 0% tariffs.
- In return, the EU will introduce a 15% VAT on all U.S. products in European markets.
- The European Union and the United States agreed to eliminate tariffs on critical goods, such as semiconductors, chemicals, aircraft, pharmaceuticals, and other essential goods.
- Europe will invest $600 billion in the U.S., purchase energy worth $750 billion, and also buy U.S. weapons worth hundreds of billions of dollars.
- Meanwhile, the U.S. is set to announce in the coming weeks that it will withdraw a significant portion of its troops from U.S. military bases in Europe.
Source: Herqles in english
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