US and EU Reach Trade Framework, Cut Tariffs to 15%
The United States and the European Union have recently reached a new trade framework, which primarily entails reducing tariffs on both sides to 15%. Through negotiations, the two parties agreed to enhance economic cooperation, promote trade liberalization, and reduce tariff barriers to improve market interactions.
The achievement of this agreement marks an improvement in US-European relations and may pave the way for future economic collaboration. Both sides expect this policy to stimulate more trade and foster economic development.
