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EU, US Closer to Finalizing Trade Deal
Bloomberg Televisionยท2025-08-21 16:50

So we're getting some detail now on what the U.S. and EU agreed in terms of how they're going to trade with each other. Remember, the initial agreement came out a couple of weeks ago. Now we're getting details.So you're going to have that 15% U.S. tariff on goods coming in from Europe. But it going to be concessions on sectors. So European cars, for example, European semi conductors, European pharmaceuticals, they will be paying a reduced tariff on the otherwise would have.In terms of those sectoral tariffs ...