The EU and US have finalized a significant trade deal after lengthy discussions over tariffs. European Commission President Ursula von der Leyen emphasized the importance of the deal, stating it will bring stability. She acknowledged the tough negotiation style of US President Donald Trump and mentioned that the tariff level on cars was the best outcome achievable. The agreement includes bilateral tariff exemptions for strategic products such as aircraft, component parts, certain chemicals, pharmaceuticals, and critical raw materials, although specific details remain undisclosed.
European Commission President Ursula von der Leyen described US President Donald Trump as a tough negotiator, stating that the deal "will bring stability."
She noted that the tariff level on cars was "the best we could get." Specific details have yet to be revealed, but exemptions were agreed for strategic products.
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