According to the latest development, Donald Trump announced that a tariff agreement has been reached with the European Union.
Trump said it was the biggest deal ever, under which the EU would agree to buy $750 billion worth of energy from the US.
Trump said the following in his remarks:
- The EU will invest $600 billion in the US, purchase $150 billion in energy, and purchase hundreds of billions of dollars in military equipment. This is a giant leap forward in trade and defense.
- The agreement with the European Union will bring stability.
- The agreement will unite us.
- The EU has decided to open countries to trade with 0% tariffs.
*This is not investment advice.