According to Odaily Planet Daily, on the 5th local time, senior EU trade officials explained the tariff agreement recently signed by the US and EU. According to reports, under the latest framework trade agreement reached between the US and EU, the US has decided to impose a uniform 15% tariff on most EU exports, including the applicable rate for goods under most-favored-nation status. EU exporters no longer need to deal with different tariff rates for different categories; all relevant products will be subject to the same standard. The EU also emphasized that although the formal terms are still being worked out, the framework agreement has already brought "immediate relief" to both sides. It will take some time for the EU to fully finalize the list of essential products exempt from US tariffs. It is understood that the EU and EU have not yet reached a consensus on when to issue a joint statement on the trade agreement, and the joint statement issued under the framework of the trade agreement between the EU and EU is not legally binding. (Jinshi)