Peter Chase, a Senior Fellow at the German Marshall Fund with expertise in EU-US trade relations, and Matthias Mateys, an expert in international political economy from the Council on Foreign Relations, delve into the newly struck trade agreement between the U.S. and EU. They discuss the 15% tariff on EU exports and its implications for American consumers. The conversation also touches on investment flows, the evolving dynamics of tariffs, and how these changes could reshape industries like manufacturing and automotive, all within a broader geopolitical context.