EDINBURGH, Scotland (AP) — The United States and the European Union agreed to a trade deal setting a 15% tariff on most goods, President Donald Trump announced Sunday, staving off for now higher import taxes on both sides that might have sent shock waves through economies around the globe.
It does seem that way. Unfortunately, the info is yet quite meager. The official EU press release was a bit of a propaganda piece imo. See also this X post
Other outlets are slowly realeasing some info, and one paper states that it’s more of a " principle deal" and that many details need to be worked out. There is a list of zero tariff goods as well.
And, FYI, we were already importing US LNG, and US defense materials. I don’t know about the amounts and specifics of existing contracts though.
Also, we ( EU) will be importing Canadian LNG and other stuff from Canada, in the coming years.