🤝🇺🇸🇪🇺 The USA and the EU have reached a major trade agreement!
✨ Key Points:
1️⃣ 🏭 The EU is eliminating all tariffs on US industrial goods → a $20 trillion market is open for American manufacturers.
2️⃣ 🌾🐟 American farmers, fishermen, and ranchers gain expanded access to European markets (dairy products, soy, pork, bison, fruits, vegetables, lobsters).
3️⃣ 🚗💊 The USA sets a tariff ceiling of 15% on most EU goods (cars, pharmaceuticals, chips).
⚙️ A 50% tariff on steel, aluminum, and copper from the EU.
4️⃣ ⚡💰 The EU commits to purchasing $750 billion in energy resources from the USA and investing $600 billion in the US economy by 2029.
5️⃣ 🪖 The EU will increase purchases of American military equipment.
6️⃣ 💻📡 Digital trade: no tariffs on electronic transmissions, ban on internet fees.
7️⃣ 🔒🌍 Joint efforts on economic security: supply chains, combating unfair competition, investment and export controls.
🚀 This agreement could become the largest economic alliance of the decade!