(Recasts with join EU-U.S. statement)

BRUSSELS, Aug 21 (Reuters) - The United States and the

European Union agreed a joint statement on the framework trade

deal struck at the end of July to end months of uncertainty for

industries and consumers.

Here are the main elements of the statement, produced after

weeks of wrangling, spelling out what both sides have agreed to.

* EU TO ELIMINATE TARIFFS ON ALL U.S. INDUSTRIAL GOODS: The

EU is to remove tariffs on all U.S. industrial goods and provide

preferential market access for a wide range of U.S. seafood and

agricultural goods, including tree nuts, dairy products, fresh

and processed fruits and vegetables, processed foods, planting

seeds, soybean oil, and pork and bison meat.

* BASELINE U.S. TARIFF RATE ON EU GOODS: Almost all EU goods

entering the U.S. will be subject to a 15% baseline tariff. The

15% tariff is not added to any existing rates. It is designed to

be the maximum rate, except for limited instances of

pre-existing rates being higher.

* CARS: Cars and car parts will be subject to the 15%

tariff, compared to the 27.5% they face now, but only from the

first day of the month in which the European Union introduces as

legislative proposal to remove its tariffs on U.S. industrial

goods.

The joint statement also says that the U.S. and the EU

intend to accept and provide mutual recognition of each other's

standards for cars.

* PHARMACEUTICALS AND SEMICONDUCTORS: EU pharmaceuticals and

microchips and lumber will be subject to 15% tariffs. This will

only be the case after the United States concludes Section 232

investigations and sets new global tariff rates for the two

sectors. For the EU, the maximum rate would be 15%. For now,

there are only subject to low or zero pre-existing duties.

* OTHER SECTORS: The United States will apply only the Most

Favoured Nation (MFN) tariffs from Sept 1 on the following EU

products: unavailable natural resources (including cork), all

aircraft and aircraft parts, generic pharmaceuticals and their

ingredients and chemical precursors.

* METALS: The joint statement does not mention any specific

tariff rates for EU metals exports to the U.S., saying only that

both sides "intend to consider the possibility to cooperate on

ring-fencing their respective domestic markets from

overcapacity, while ensuring secure supply chains between each

other, including through tariff-rate quota solutions."

EU and US officials have previously said tariffs on

European steel, aluminium would stay at 50%, with the same

tariff also applying from August 1 to copper.

EU officials have said European metal exports within an

agreed quota would face the most-favoured nation tariff rate

agreed under WTO rules, which are low and in some cases zero

depending on the grade. Exports outside of the quota would be

subject to 50% tariffs.

* WINE AND SPIRITS: The written joint statement does not

mention the wine and spirits sector specifically. It says

however, that both sides "agree to consider other sectors and

products that are important for their economies and value chains

for inclusion in the list of products for which only the MFN

tariffs would apply."

* STRATEGIC PURCHASES: The European Union commits in the

joint statement to procure U.S. liquefied natural gas, oil, and

nuclear energy products with an expected offtake valued at $750

billion through 2028.

The EU also declares its intention to buy at least $40

billion worth of U.S. AI chips for its computing centres.

The EU also plans to work with the United States to

adopt and maintain technology security requirements in line with

those of the United States to avoid technology leakage to

"destinations of concern."

* European companies are to invest $600 billion in across

strategic sectors in the United States through 2028. EU

officials said the investment pledge was based on the combined

investment intentions expressed by European companies.

* DEFENCE PROCUREMENT: EU member states will purchase U.S.

military equipment. The deal does not specify an amount.

* OTHER ITEMS: The EU will work with the U.S. to streamline

requirements for sanitary certification for U.S. pork or dairy

products.

The two sides will also cooperate on investment screening

and export controls as well as addressing 'non-market' policies,

such as China's subsidised production.

* The EU will work to address the concerns of U.S. producers

regarding the EU deforestation law to avoid undue impact on

trade, because production in the U.S. poses "negligible risk" to

global deforestation.

* The EU commits to work to provide additional

flexibilities to U.S. small and medium sized companies concerned

about the impact of the EU's Carbon Boarder Adjustment Mechanism

- the law that imposes a tax on goods imported to the EU from

regions which do not have CO2 emissions laws as strict as in

Europe.

* DIGITAL SERVICES: The joint statement says that the

United States and the European Union commit to address

unjustified digital trade barriers and that the EU confirms that

it will not adopt or maintain network usage fees.

The statement also says the US and the EU will not

impose customs duties on "electronic transmissions".

($1 = 0.8669 euros)

(Reporting by Jan Strupczewski, Philip Blenkinsop, Julia Payne

and Kate Abnett; Editing by Richard Lough, Joe Bavier and Ros

Russell)