Washington, D.C. — August 2025 The United States and European Union have unveiled a landmark framework aimed at reshaping transatlantic trade through fairness, reciprocity, and strategic cooperation.
Key highlights of the agreement include:
- Tariff Reforms: The EU will eliminate tariffs on U.S. industrial goods and expand access for American agricultural exports. In return, the U.S. will adjust tariffs on select EU products, including aircraft parts and pharmaceuticals.
- Energy & Tech Commitments: The EU plans to purchase U.S. liquefied natural gas and nuclear energy products worth $750 billion by 2028, alongside $40 billion in AI chips for European computing infrastructure.
- Automotive Adjustments: Tariffs on EU automobiles and parts will be reduced, contingent on legislative action within the EU.
- Defense & Investment: European firms are expected to invest $600 billion in U.S. strategic sectors, while defense procurement from the U.S. will increase to strengthen NATO ties.
- Digital Trade & Standards: Both sides will avoid digital customs duties and collaborate on mutual recognition of technical standards, especially in cybersecurity and telecommunications.
- Sustainability & Labor: The EU will address U.S. concerns over deforestation regulations and corporate due diligence laws, while both parties commit to upholding labor rights and eliminating forced labor in supply chains.
This framework marks a pivotal step toward deeper economic alignment and shared global leadership.
Source: Whitehouse Official