European Commission President Ursula von der Leyen sits with US President Donald Trump
Credit: Reuters photo
Turnberry, Scotland/ Washington: European Union leaders agreed to 15 per cent tariffs on automobiles, semiconductors and pharmaceuticals and accepted that the US would stick to 50 per cent tariffs on steel and aluminum, a US administration official said on Sunday, adding the EU wanted to continue discussing steel and aluminum tariffs.
President Donald Trump suggested that the EU buy $1 trillion of US energy during his term, but the deal was settled at $750 billion, according to the official, who also said the EU agreed to open markets to all but a few products.
The United States struck a framework trade agreement with the European Union on Sunday.