President Donald Trump prides himself on his dealmaking skills, and with the agreement he reached Sunday on European trade, he’s got a right to be proud.
President Donald Trump prides himself on his dealmaking skills, and with the agreement he reached Sunday on European trade, he’s got a right to be proud.
The deal calls for at least $1.35 trillion in European investments and purchases of US energy and military equipment.
And while European tariffs on many US exports will drop to zero, European goods will face 15% duties.
Plus, neither side will slap any duties at all on “a number of strategic products,” including aircraft and aircraft parts, certain chemicals, semiconductor equipment, critical raw materials and more.
