US-EU joint assertion says tariffs reduction for autos to return in "hopefully weeks"

• EU intends to eliminate tariffs on all US industrial goods, provide preferential market access for US seafood and agricultural goods
• EU intends to procure $750 billion in US LNG, oil and nuclear energy products
• Reaffirms intention for EU firms to invest additional $600 billion across US strategic sectors through 2028
• US to levy 15% tariffs on most EU imports, including autos, pharmaceuticals, semiconductor chips
• US will act to lower tariffs on autos, auto parts when EU introduces legislation to enact tariff reductions

This article was written by Justin Low at investinglive.com.