Trump announces 15% baseline tariff framework in new US-EU trade deal

president Donald Trump On Sunday, it announced that the American and European Union had reached an agreement on a trade framework.

Trump and European Commission President Ursula von der Lin revealed the deal after a meeting in Scotland, which will bring certainty to Customs tariff policy This was the flow of most of the year.

“We agree that the customs tariff directly for cars and everything will be a 15 % direct tariff,” Trump said. “So we have a tariff of 15 %. We have openness to all European countries, which I think I can say is mainly closed.”

Under the terms of the commercial deal, almost all goods from the European Union will be subject to a 15 % basic tariff, which is 20 % less than mutual tariffs that Trump announced at the “Liberation Day” event in early April, but much higher than the 2.5 % definitions last year.

Euro, the morale of investors rises after the approval of the United States-the European Union on a trade framework agreement

Trump also pointed out the tariff Cars and car parts It will face a 15 % tariff, which is less than 27.5 % imposed on cars in the European Union earlier this year.

Definitions on pharmaceutical products and semi -conductors will be subject temporarily to a 0 % tariff until the United States ends commercial investigations in the 232th section of the security effects of these products in the next few weeks. The result of this will be used to impose new global tariff rates on these sectors.

European drugs The semiconductors will not face definitions above 15 %, regardless of the tariff rates applied to other countries. Likewise, the customs tariff will be determined on wood and copper after separate investigations in section 232, but it will not exceed 15 %.

The US tariff by 50 % on Steel and aluminum It is expected that it will remain in the short term, although the United States and the European Union have agreed to replace this tariff with the quota system that will be negotiated by both sides.

Steel exports in Europe inside the shares will face a tariff at the rate of tariffs of the most preferred country under the rules of the World Trade Organization, which are relatively low and can be zero depending on the degree of steel. On the contrary, European Union steel exports outside the session will face a 50 % tariff.

Trump secures the historic commercial deal worth $ 550 billion with Japan: “It was not like anything like that.”

The commercial deal of President Donald Trump is following the European Union to announce a trade agreement with Japan last week. (Andrew Caballero-Rynolds / AFP via Getty Images / Getty Images)

The United States and the European Union will get a zero tariff against zero on a variety of goods, including aircraft and its components parts; Some chemicals and public drugs; along with The manufacture of semi -conductors Equipment, natural resources and critical raw materials.

Some agricultural products will decrease under the zero tariff system-but sensitive products such as beef, rice, vitanol, sugar and poultry are excluded. Other products are expected to be added to the zero tariff list against zero between the United States and the European Union-although the two sides have not proven a tariff rate of wine and spiritual drinks.

In addition, the deal included an obligation by the European Union to collect $ 750 billion of strategic purchases from the United States, including oil, LNG (LNG) and nuclear technology during Trump’s term in office.

These removable purchases of oil and long -term contracts for the Authority for LNG and Nuclear Technology will include the amount estimated in the purchases of planned energy in Europe from Russia.

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Definitions are taxes on imported goods paid by importers, who often pass some or all the high costs of consumers through high prices. (Photo by Qian Wizhong / VCG via Getty Images / Getty Images)

The European Union is also expected to make other strategy purchases for semi -conductors from the United States, which exceeds $ 750 billion, as the United States is working as a preferred seller for its potatoes.

It is also expected that European companies Invest 600 billion dollars In the United States during the remaining period of Trump’s second state. European Union officials said that the number depends on the joint investment intentions expressed by European companies, although the final procedures for these private companies exceed the control of the European Union, which is the economic and government bloc.

The investment deal also differs from the conditions reached between the United States and Japan last week, according to which Japan’s investment will cover up to $ 550 billion shares, loans and guarantees from the state -run agencies according to Trump’s discretion.

The trade framework of the United States and the European Union will also witness that the European Union member states are committed to purchase American military equipmentAlthough the amount is not determined by the deal.

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Before the deal with the European Union, the Trump administration reached a deal with Japan last week and continued a Dealing with China.

“When Japan collapsed and made a deal that the European Union did not have a great choice,” said Jimmy Cox, the Harris Financial Group’s administrative partner. “The largest piece of the commercial deal is still ongoing, and the Chinese are unlikely to be ready to fold. The big topic in the market is safety, and the European Union deal only accelerates.”

Bradford Pitts and Reuters of Fox News Digitter contributed to this report.