#US-EUTradeAgreement 🌏The EU and the US have reached an agreement to avoid a trade war between the two blocks that carry out the largest exchanges on Earth, setting a 15% tariff on the import of European products. The agreement thus deactivates the possibility that the United States would impose a 30% tariff on EU goods on August 1, and that the EU would do the same with American products worth 93 billion euros on the 7th of that same month.

As explained by the US president, under this pact, the EU agrees to buy energy from his country worth 750 billion dollars and to invest an additional 600 billion dollars in military equipment.

Washington, for its part, will apply a fixed tariff on community imports, including automobiles, of 15%, instead of the 30% with which it had threatened to act starting in August if no agreement was reached. Additionally, according to Trump, European countries will agree to apply zero tariffs on American imports, although the US president did not provide further details. Pharmaceutical products are excluded from this negotiation, as indicated by the Republican leader in statements to the press at the end of his meeting with the President of the European Commission, Ursula von der Leyen. "I think we both wanted to reach an agreement," Trump said after shaking hands with the representative of the Twenty-Seven.

Trump has said that "it's a great agreement for everyone," while Von der Leyen has described it as a "comprehensive agreement" reached "after tough negotiations." "This negotiation started months ago, so we knew what we were getting into" and there was an intention to "reach a satisfactory agreement for both parties," she stated. "It's going to be very good for everyone," declared Trump, who reiterated that the agreement with the EU, which has a market of 800 million consumers, "is the largest of all."

After closing the deal, the community delegation moved to the airport, where it is expected that Von der Leyen will make statements.