Washington DC, Aug. 22 -- The White House Trade Advisor Peter Novarro on Thursday (local time) unveiled details of the EU-US trade deal, highlighting a major milestone in Washington's effort to achieve "fair trade" with its partners.

Speaking about the trade deal, Novarro said that the EU has agreed to reduce "all their tariffs" to zero, while US continue their global tariff to fight the trade deficit at 15 per cent.

"We get Europe reducing all its tariffs to zero. We continue our global tariff to fight the trade deficit at 15% Wow. Secondly, we will impose 15 per cent tariffs on autos. It's a drop from the 25 per cent, but remember, before President Trump took office, the tariff was 2.5 per cent compared to 10 per cent in Europe. So th...