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Von der Leyen acknowledged the pact isn’t perfect but said its 15% “all inclusive” tariff structure offers European firms better market access than what other U.S. partners face. The agreement, struck with President Trump in Scotland last month, has faced criticism within Europe from lawmakers and industry groups, though both sides have begun steps to formalize it.
The deal includes reductions in U.S. tariffs on European cars and may open the way for discounts on steel and aluminum. EU officials still want cuts on wine and spirits, which were left out. German Chancellor Friedrich Merz also backed the accord, noting that while tariffs will weigh on Germany’s economy, the outcome is preferable to a full-blown trade war.
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