What to expect from the new U.S.-EU trade framework announced by Trump
Summary
In Scotland on Sunday, a trade deal was announced between the United States, represented by Donald Trump, and the European Union. The deal includes a 15% tax on most goods from the EU entering the U.S., while a higher 50% tax on steel and aluminum will continue.Key Facts
- The trade deal was announced in Scotland on a Sunday.
- The United States and the European Union are the two parties involved in the deal.
- There will be a 15% tariff on most goods the EU exports to the U.S.
- The 50% tariff on EU steel and aluminum entering the U.S. will stay the same.
- Donald Trump represented the United States in the announcement.
- Lisa Desjardins spoke with David Lynch to provide more details on the deal.
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