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U.S. Seals Trade Deal With EU, And It's Even Bigger Than Japan's
The US and the EU will have zero tariffs on aircraft and their components, some chemicals, some generic drugs, some semiconductors, some agricultural products and essential raw materials. Alcoholic beverages are not included in the agreement. The 50% tariffs on steel and aluminum remain.
Recent pacts with Britain, Europe and Japan mean that autos exported from those countries and regions face lower U.S. tariffs than Canadian vehicles do.
The U.S. and European Union agreed on trade terms that include a 15% rate on most EU products as well as hundreds of billions ...
The dollar gained against major currencies including the euro and yen on Monday with sentiment lifted by a trade agreement ...
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