The European Union and United States reached a trade agreement early Wednesday after over five hours of trilateral negotiations between EU Parliament, Commission, and Council representatives. The deal extends the treaty expiration from 2028 to end-2029, eliminates most tariffs on US industrial products while reducing EU tariffs to 15%, and includes safeguards for investigating harmful US imports. However, President Trump immediately accused the EU of breaching the agreement without evidence and announced 25% tariffs on European cars and trucks, casting doubt on the accord's stability.