Deal or damage? Experts warn EU trade deal could weaken U.S. alliances

And so that trade agreement reached between the US and the European Union stays off a potential trade war between the two allies, at least for now. The deal sets a 15% tariff on most European goods, including cars. The EU has also agreed to purchase $750 billion worth of American energy and invests $600 billion, into the United States.Now, some products will not be subject to tariffs, including aircrafts and their components. certain chemicals and some pharmaceuticals. President Trump says the 50% tariff on ...