On August 21, the White House and the European Union released a joint statement that sheds some light on aspects of the framework trade deal announced last month. The joint statement confirms the baseline 15% U.S. tariff on goods from the EU and clarifies that European lumber, microchips, and pharmaceuticals will remain subject to that
| less than a minute read
U.S. and European Union Release Details of Trade Deal - Alston & Bird | Washington Trade Watch


/Passle/684ab3969b37aca8151f950e/SearchServiceImages/2025-12-24-22-49-37-295-694c6e01b6062d4a21e6f822.jpg)
/Passle/684ab3969b37aca8151f950e/SearchServiceImages/2025-12-23-20-26-04-134-694afadcfb64d8ffeb989b31.jpg)
/Passle/684ab3969b37aca8151f950e/SearchServiceImages/2025-12-23-20-19-43-373-694af95f05335a16ce0be1e8.jpg)