Did the EU capitulate to Donald Trump’s tariff threats?
Summary
The United States and the European Union have reached a trade agreement. The deal includes a 15 percent tariff for the EU, but not for the US, and plans for large US energy and weapons contracts.Key Facts
- The US and EU reached a trade deal.
- The agreement includes a 15 percent tariff for the EU.
- The US is not subject to this new tariff.
- The deal involves large contracts for US energy and weapons.
- EU supporters claim the deal prevents a trade war.
- Some critics believe the agreement favors the US more.
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