WASHINGTON (AN) — The United States and the European Union have released a joint statement that establishes a formal framework for a sweeping trade deal, providing clarity on a host of issues from auto tariffs to digital regulations.
The document, issued Thursday, codifies the terms of a preliminary agreement reached last month. It lays out a new baseline for transatlantic commerce, with the U.S. applying a 15% tariff on most E.U. imports, including automobiles, semiconductors, and pharmaceuticals.
