European Union leaders agreed to 15% tariffs on automobiles, semiconductors and pharmaceuticals and accepted that the U.S. would stick to 50% tariffs on steel and aluminum, a U.S. administration official said on Sunday, adding the EU wanted to continue discussing steel and aluminum tariffs.
President Donald Trump suggested that the EU buy $1 trillion of U.S. energy during his term, but the deal was settled at $750 billion, according to the official, who also said the EU agreed to open markets to all but a few products.
The United States struck a framework trade agreement with the European Union on Sunday.
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