World War Fee The US and European Union have fleshed out details on their sweeping trade deal, promising billions in AI chip sales, a 15 percent tariff cap on key sectors including autos and semiconductors, and a framework for digital rule-making that could reshape the transatlantic tech industry.

The pact, announced on Thursday, confirms that Brussels intends to buy at least $40 billion worth of US AI chips for its computing centers, guaranteeing business for American suppliers and giving the EU the silicon it needs for its AI and cloud ambitions. Both sides also promised to align technology security standards to prevent "leakage to destinations of concern," with Washington pledging easier export approvals once safeguards are in place.

The proposed deal, controversially, puts Europe's $

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