The Trump administration announced Wednesday the implementation of the US-EU trade agreement, which provides for the reduction of tariffs on European cars and auto parts from 27% to 15%, starting from August 1.
Raluca Ioana Draghici
Economy
www.shutterstock.com
Always see our news on Google
At the 'Make America Wealthy Again' event, President Donald Trump signed an executive order for the implementation of the US-EU trade agreement. This includes reducing tariffs on cars and auto parts from the EU from 27% to 15%, starting August 1, 2025. Exceptions were also established for certain products, such as pharmaceuticals, aircraft, and natural resources. The legislative changes were announced by the Department of Commerce and USTR, and the tariffs will be applied retroactively.
Sources
SUA confirmă taxe vamale de 15% la maşinile şi componentele auto din UE, începând cu 1 august
SUA confirmă taxe vamale de 15% la mașinile și componentele auto din UE, începând cu 1 august
SUA confirmă impunerea de taxe vamale de 15% la importurile de mașini din UE, începând cu 1 august 2025
Latest News
11:02
Brazilian government announces an all-time low in Amazon deforestation
10:55
U.S. senators are calling for an investigation into the Starshield outage, which reportedly affected Ukraine’s defense against Russian drones
10:40
A 72-year-old man attacked three women with a knife in a nursing home in Germany
10:25
Bloomberg: Romania wants to cover part of the costs of U.S. troops stationed on its territory
10:06
Two drivers collided in Opera Square, Bucharest / A passenger was taken to the hospital
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
