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Another one bites the dust. EU.
Chalk up another win for President Trump. Going into the negotiations, it looked like a 50-50 chance. But the master negotiator came up with another win.
The EU will invest $600 billion in the U.S., buy $750 billion of American energy products, and purchase “vast amounts” of weapons as part of a trade deal that sets a 15% tariff. It comes a week after a similar agreement with Japan, which pledged to invest $550 billion in key U.S. industrial sectors.
Now that trade deals have been clinched with the European Union and Japan, the U.S. looks to focus on China as the world’s two biggest economies prepare for high-stakes talks.