The EU and the USA have a new deal. This deal is about trade. Trade means buying and selling goods. The countries of the EU say yes to this. This happens in the city of Luxembourg. Now taxes on trade fall away. Taxes are extra money for goods. These goods come from the USA. Now fish from the USA enters Europe easily. This is also true for food from farms. The EU has one rule. The USA must follow all rules. Then the USA gets these benefits.
The USA must lower taxes too. Taxes on washing machines will be lower soon. This happens before the end of the year. Steel products will cost less money too. These rules stay until the end of 2029. Donald Trump is the leader of the USA. He wants a fast choice by July 4. That is a big holiday in the USA. The EU wants to stop a trade war.
The EU and the USA are important partners. They do almost 30 percent of world trade. The USA must follow the rules. If the USA breaks a rule, there are punishments. Then the EU can ask for more money. This protects firms in Europe. The new rules appear in the official journal soon. Then the rules are active at once.
