#US-EUTradeAgreement đ„đđđ„đ„đ„
đ„đš Major update: The European Union and the United States have officially started implementing their 2025 trade deal â with new regulations eliminating customs duties on many US industrial exports and granting tariff-rate quotas plus reduced tariffs for certain US seafood, agricultural and other goods. For European exporters, most EU-made products imported to the U.S. will face a flat 15% tariff cap instead of the 30â50% levies previously threatened, while some exemptions (like aerospace parts, generics, certain agri-goods) may escape tariffs entirely.đ
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This deal is being hailed by leaders as a âresetâ â aiming to stabilize transatlantic trade, calm markets, and restore predictability to global supply chains.
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But critics warn it may favor the US heavily: they argue the tariff structure and exemptions tilt benefits toward American industry, potentially hurting EUđ€ manufacturers and reshaping global trade dynamics â sparking fears of âgiving away leverage.âđ
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đ„ TL;DR: US-EU trade ties are rebooting â cheaper access for US goods into Europe, a 15% tariff cap for EU exporters to the US, and a high-stakes gamble on long-term investment and competition.
#USEUdeal #TradeWarAverted #GlobalEconomy #TariffShock
