The U.S. will impose a 15% tariff on imports of European cars, pharmaceuticals and other products, according to a joint statement announced Thursday by the Trump administration and European Union.

The pact also calls for the 27-member EU to eliminate tariffs on all American industrial exports and to offer preferred terms for some seafood and farm products, while the U.S. will reduce tariffs accordingly.

The new framework, which is an agreement to facilitate trade negotiations between countries rather than a finalized deal, comes after President Trump and European Commission President Ursula von der Leyen met briefly in July at Mr. Trump's Turnberry golf course in Scotland. At the time, they announced a sweeping trade deal that imposed 15% tariffs on most European goods, warding off the M

See Full Page