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The 2025 US–EU trade deal set a 15% tariff on most European imports to the US, raising prices on autos, wine, electronics, and luxury goods. The EU pledged $750 billion in US energy purchases and $600 billion in investments, potentially easing energy costs. Key sectors like steel, aluminium, and pharmaceuticals remain unresolved, leaving mixed impacts for consumers and industries.
short by / 11:59 am on 28 Jul
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