The United States and the European Union have agreed to a trade framework setting a 15% tariff on most goods.

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.

  • IndustryStandard@lemmy.worldEnglish
    6·
    5 days ago

    The title is very misleading. It implies that there are 15% tariffs on both sides but only the US is levying the tariff. This is a horrible deal for the EU.