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Euronews
Euronews

Can the EU economy withstand the trade deal with the US?

In 2024, The US imported 606 billions' dollars' worth of goods from the EU and exported around $370 billions (318,7 billion euros)' worth. To reverse the deficit, the US will now apply a 15% tariff to approximately 70% of the goods it receives from the EU, under the deal struck on 27 July after a meeting between the European Commission (that negotiates in the name of the block) and the US administration.

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