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Live Updates  >  Live Update Details

2025-07-29 06:41:29

[German Chancellor: Not satisfied with the EU-US trade agreement] German Chancellor Merz said that he was not satisfied with the tariff agreement reached between the EU and the United States, and the 15% tariff imposed by the United States on EU goods would be a heavy burden on the export-oriented German economy. But Merz also admitted that the current US tariff rate on EU goods has been reduced by half from the 30% previously announced by the United States, and he cannot expect better results. On July 27 local time, US President Trump stated that the United States has reached a new trade agreement with the EU to impose a 15% tariff on EU goods exported to the United States. Von der Leyen said that the 15% tariff rate is the best result that the European Commission can achieve. In addition, tariff agreements in the three key areas of steel and aluminum, chips, and spirits are still to be determined. (CCTV)

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