The U.S. and European Union issued a joint statement solidifying trade commitments. Key points include a 15% tariff rate on European goods and elimination of tariffs on industrial goods and many agricultural products.
The United States and the European Union on Thursday issued a joint statement that frames the ongoing deal between the trading partners and solidifies some trade commitments.
“This Framework Agreement will put our trade and investment relationship — one of the largest in the world — on a solid footing and will reinvigorate our economies’ reindustrialization,” the document reads.
