Monday, July 28, 2025

EU accepts 15% export tariff to finalize trade pact with US

Media outlets and analysts criticized the agreement, arguing that it raises tariffs on European products entering the United States without applying the same measures in the opposite direction. Nvidia chips are part of the deal and will be destined for the new gigabit factories expected to be built soon.

The United States and the European Union have reached a trade agreement that is already drawing criticism across the Old Continent. According to the terms revealed so far, the European bloc agreed to accept a general 15% tariff on its exports to the United States, while no similar measure will be imposed on American products purchased by Europe.

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