The European Union says it expects to hit a $1.35 trillion investment and spending target embedded in its trade framework with the United States.
The framework, formalized through a joint US-EU statement on August 21, 2025, splits the commitment into two buckets: $750 billion in US energy purchases through 2028, and $600 billion in investments from European companies into the US economy over the same period. As of July 20, 2026, senior European Commission officials said they are confident both targets will be met before Trump’s presidency ends in January 2029.
What the deal actually covers
The energy side of the ledger is the bigger half. The EU has committed to purchasing $750 billion worth of US liquefied natural gas, oil, and nuclear fuel through 2028.
On tariffs, the framework caps most US duties on EU goods at 15%, while the EU has removed tariffs on American industrial products.
