Part 3/6:
In addition to bilateral trade, the discussion touched upon the broader economic engagements involving Europe. The European Union, a key partner and neighbor to the UK, announced plans to purchase $750 billion worth of US energy and invest an additional $600 billion into the US economy. The EU also commits to increased military equipment purchases from the US, while maintaining a 0% tariff on various American exports—contrast to the US's 15% tariff on European goods. These economic moves underscore mutual reliance and strategic cooperation in trade and defense.