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🇺🇸🇪🇺 The USA and the EU have concluded a historic trade agreement - US-MT
Key points:
• The EU will purchase American energy resources for $750,000,000,000 and AI chips for at least $40,000,000,000.
• European companies will invest $600,000,000,000 in strategic sectors of the USA by 2028.
• The EU will eliminate tariffs on all industrial goods from the USA and open the market for American farmers and fishermen.
• The USA will reduce tariffs on cars and auto parts from the EU, and tariffs on pharmaceuticals, chips, and wood will not exceed 15%.
• The EU will increase purchases of American military equipment to strengthen NATO.
• The parties agreed to mutually recognize standards (including automotive), eliminate non-tariff barriers, and facilitate trade in food products.