EU and US reach trade agreement, 15% tariff becomes the biggest highlight

EU leaders von der Leyen said: 15% is the best level we can achieve...

President of the European Commission, Ursula von der Leyen, defended the trade agreement reached with the United States on Sunday, calling it "the best agreement we could reach." Von der Leyen stated that the US imposes a base tariff rate of 15% on EU goods imported into the US, covering most products including cars, semiconductors, and medicines.

At the same time, both sides have reached a zero-tariff agreement on certain strategic products, including aircraft and aircraft parts, certain chemicals, and certain generic drugs. She added that the tariffs on wine and spirits have not been finalized yet.

Von der Leyen concluded, "The agreement today creates certainty in an uncertain period, bringing stability and predictability."

Original: https://www.toutiao.com/article/1838858765608968/

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