美欧贸易框架协议终于落地，但汽车、钢铝关税悬念犹存

Core Points - The U.S. and EU have reached a significant breakthrough in trade negotiations, agreeing on a framework for a "Reciprocal, Fair, and Balanced Trade Agreement" [1][2] - The framework includes commitments from both sides regarding tariffs, market access, and investment, with the EU agreeing to eliminate tariffs on all U.S. industrial goods [5][6] - The U.S. will maintain a 15% tariff on most goods imported from the EU, with specific conditions for reducing auto tariffs [1][4] Tariff and Market Access - The EU will eliminate tariffs on all U.S. industrial products and provide better market access for various U.S. seafood and agricultural products [5] - The U.S. will apply the most favored nation (MFN) rate or a 15% tariff on goods from the EU, whichever is higher, starting from September 1, 2025, for certain products [5][6] - The U.S. has committed to reducing tariffs on pharmaceuticals, semiconductors, and wood products from the EU, ensuring rates do not exceed 15% [5][6] Procurement and Investment - The EU has committed to purchasing $750 billion worth of U.S. liquefied natural gas (LNG), oil, and nuclear products by 2028 [7] - The EU plans to invest $600 billion in strategic sectors in the U.S. by 2028, enhancing transatlantic economic cooperation [7] - Both parties will work to reduce non-tariff barriers, particularly in the automotive sector, and simplify sanitary certificate requirements for food and agricultural products [7] Environmental and Climate Change - The EU has promised to provide more flexibility in the implementation of the Carbon Border Adjustment Mechanism (CBAM) to support U.S. small and medium-sized enterprises [8] - The EU will ensure that sustainability directives do not impose undue restrictions on transatlantic trade [8]