President Donald Trump announced a historic trade agreement with the European Union. This agreement will strengthen trade relations between the two parties.

Trump detailed that the EU will purchase 750 billion dollars worth of energy from the US and will invest over 600 billion dollars.

Under the agreement, a 15% tariff will be applied to products imported from the EU to the US. This will help restore trade balance.

Trump also mentioned that he is working on similar trade agreements with many other countries and positive developments are occurring in this process.

Italian Prime Minister Giorgia Meloni stated that this agreement is a positive development but emphasized the need to see the details.