White House Announces Details on EU Trade Deal
[Fox8.com] The Trump administration said EU counterparts have agreed to eliminate all tariffs on industrial goods imported from the US and to widen preferential market access to US seafood and agricultural products. In exchange, most EU exports—notably pharmaceuticals, semiconductors and lumber—will be taxed at 15 percent. The group of 27 member nations also agreed to ensure its companies invest $600 billion in the US and to purchase at least $750 billion worth of US energy over the next three years, according to the White House. "This Framework Agreement will put our trade and investment relationship—one of the largest in the world—on a solid footing and will reinvigorate our economies' reindustrialization."... Subscribe for free to Breaking Christian News here Click Here to read. (Image: iStock-wildpixel)
