Overview
- The agreement replaces a patchwork of provisional duties with a uniform tariff structure, bringing certainty to transatlantic trade.
- Existing 50% duties on steel and aluminum remain unchanged to address global overcapacity concerns.
- Pharmaceutical products are excluded from the framework and will face separate negotiations.
- The EU has pledged $600 billion in new investments across the United States to rebalance trade flows.
- Brussels will purchase $750 billion in U.S. energy and military equipment as part of reciprocal commitments.