Strategic EU-US Trade Deal Brings 15% Tariff on Key Sectors, Wine Talks Continue

European exports of cars and pharmaceuticals to the United States will now face a 15 percent customs duty, according to a joint statement outlining the trade agreement between Washington and Brussels, AFP reported.

Maros Sefcovic, the EU Commissioner for Trade, described the pact as a “serious, strategic agreement” and emphasized the broad range of sectors that will benefit, including automotive, pharmaceuticals, semiconductors, and logging. He stressed that the EU fully supports the deal.

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