US to cut EU auto tariffs to 15% after EU eases tariffs on US goods

According to Jinshi Data, the European Union and the United States have reached a joint statement on a trade agreement. The EU plans to purchase $750 billion worth of US liquefied natural gas, oil, and nuclear energy products, as well as at least $40 billion worth of US artificial intelligence chips. In return, the US will reduce its tariff on EU cars to 15% after the EU relaxes its tariffs on US goods. US officials revealed that this tariff reduction could take effect within weeks.