By AFP
BRUSSELS: The US and EU released details of a trade deal Thursday that foresees lower car tariffs but no relief for Europe鈥檚 wine sector, but Brussels said it would push for further concessions.
US President Donald Trump and EU Commission President Ursula von der Leyen clinched a framework accord in July for most EU exports to face a 15-percent US levy.
But many aspects remained unclear, as the EU sought to win carve-outs for some sectors and Trump threatened higher tariffs on others.
A joint statement Thursday brought some clarity, although negotiations are not over and some moving parts remain.
The 鈥渕aximum, all-inclusive鈥 15-percent rate would apply to the vast majority of European exports, including cars, pharmaceuticals, semiconductors and lumber, the EU said.
鈥淭his is the most favourable trade deal the US has extended to any partner,鈥 EU trade commissioner Maros Sefcovic told journalists in Brussels, explaining the levy will not come on top of existing tariffs.
In recent weeks Trump ha