Overview

• The pact caps US duties on EU goods at 15% and keeps American imports tariff-free, averting the 30% levies threatened by President Trump.
• Formal sign-off remains pending following negotiations over sector exemptions and EU purchase commitments for US gas, military equipment and new investments.
• France’s prime minister denounced the agreement as a capitulation while Germany and Spain offered cautious support, exposing fractures among member states.
• European exporters warn that tariffs on roughly 70% of their shipments could damp growth and threaten jobs in key industries.
• The deal underscores Europe’s reliance on US security guarantees and intensifies calls for greater strategic autonomy in defense.