U.S. Commerce Secretary: European Union to Open Its Market to 20 trillion Dollars
2025-07-27 20:11:21
According to CCTV news, US Commerce Secretary Lutnik tweeted on his social media on the 27th that US President Trump has opened the door to one of the world's largest economies, and the European Union will open its $20 trillion market and fully accept US automotive and industrial standards for the first time. In addition, the European Union will also buy 750 billion dollars of energy products from the United States and invest 600 billion dollars in the United States. The US tariffs on European Union products will be set at 15%.
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