Details of a trade pact between the US and EU have been released, with a joint statement issued today saying that tariffs on European cars could be cut within weeks, with the potential for reductions on other goods, too.
After a preliminary deal announced a month ago, the statement lists specific benchmarks for the EU to get sector-specific discounts on cars, drugs and semiconductors. It also details new commitments to cooperate on standards for food, as well as economic security and digital trade.