new video loaded: U.S. and Europe Attain Preliminary Commerce Deal With 15% Tariffs
transcript
transcript
U.S. and Europe Attain Preliminary Commerce Deal With 15% Tariffs
The deal, which might set a 15 % tariff on most E.U. items, averted what may have turn into a painful commerce battle with the US’ largest supply of imports.
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“We’re agreeing that the tariff straight throughout for vehicles and all the pieces else shall be a straight-across tariff of 15 %.” “Certainly, principally, the European market is open. It’s 450 million folks. So, it’s a great deal. It’s an enormous deal. It was powerful negotiations. I knew it at first and it was certainly very powerful. However we got here to a great conclusion for each side.” “I believe it’s nice that we made a deal right now as a substitute of taking part in video games and possibly not making a deal in any respect. I believe it’s a — I’m going to allow you to say, however I believe it’s the largest deal ever made. Thanks very a lot. Congratulations.” [clapping]
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