Von der Leyen: 15% tax rate is the best result the European Commission can achieve

On the 27th local time, after announcing a major trade deal with the European Union and the United States with US President Trump, European Union Commission President Von der Leyen explained some of its decisions in the trade negotiations with the United States. Von der Leyen said that the European Union is still overly dependent on Russian liquefied natural gas, so it is very welcome to import more affordable liquefied natural gas from the United States. In terms of tariff arrangements, Von der Leyen confirmed that the tariff level for the automotive industry in the agreement is set at 15%. She said that in the current situation, the 15% tariff level is the best result that the European Commission can reach. In addition, she confirmed that the European Union and the United States have also reached an agreement in the pharmaceutical industry to implement a uniform tariff rate of 15%. Von Leyen admitted that the European Union and the United States have not yet made a decision on the field of spirits, and the details of the framework of the trade agreement signed on the same day will be announced in the next few weeks. (CCTV News)