US-EU Trade Announcement: Markets Open to American Food and Beverage Producers
As of July 27, the United States and the European Union reached a trade agreement: The US will charge a 15% tariff on all imports across-the-board (including sector-specific rates like those on autos) from the coalition of countries, according to a joint announcement between US President Trump and European Commission President von der Leyen.
The trade deal will contain agreements whereby the EU will purchase $750 billion in energy from the US, invest an additional $600 billion into the US, open markets to...
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