TechFlow, July 28 — According to Jinshi Data, on July 27 local time, U.S. President Trump stated that the United States has reached a trade agreement with the European Union, imposing a 15% tariff on goods imported from the EU. Trump said the EU will increase its investment in the U.S. by $600 billion compared to previously, purchase American military equipment, and buy $750 billion worth of U.S. energy products. He added that tariffs on steel and aluminum will remain unchanged, energy is a key component of the deal, the agreement will benefit the automotive industry, have significant impacts on agriculture, and the U.S. will devote substantial efforts to the semiconductor sector. The UK Prime Minister is pleased with this agreement. U.S. Secretary of Commerce Lutnick stated that the U.S. will finalize its tariff policy on semiconductors within two weeks.
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