The U.S. will impose a 15% tariff on imports of European cars, pharmaceuticals and other products, according to a joint statement announced Thursday by the Trump administration and European Union.

Weeks after announcing the formation of a bilateral trade agreement that President Donald Trump called “the biggest deal ever made,” the United States and the European Union have released much-anticipated details about the framework.

The White House unveiled details for its trade deal with the European Union (EU) on Thursday. The Trump administration said its EU counterparts have agreed to eliminate all tariffs on industrial goods imported from the U.