U.S. Trade Deal: $750B Energy & $40B AI Chip Pact ๐ช๐บ๐ค๐บ๐ธ
The European Union and the United States have sealed a landmark trade deal worth nearly $800 billion, reshaping the transatlantic economic landscape. Under the agreement, Europe will import $750B in U.S. energy โ including liquefied natural gas, oil, and nuclear products โ to strengthen its long-term energy security. In addition, the EU has committed to purchasing $40B in American AI chips, a move designed to accelerate its digital transformation and reduce reliance on Asian suppliers.
On trade policy, Washington will cut tariffs on EU automobiles to 15%, provided Brussels enacts reciprocal tariff reductions on U.S. goods. Both sides agreed to cap tariffs on pharmaceuticals and semiconductors at 15%, while tougher measures on steel and aluminum remain pending future negotiations.
This pact not only bolsters energy and tech ties but also deepens cooperation in manufacturing and healthcare. For the U.S., it cements dominance as a key supplier of energy and digital infrastructure. For Europe, itโs a strategic win in securing resources and next-gen technologies.