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
15:33
A shepherd was bitten by a bear in Argeș County while trying to defend his flock of sheep.
15:21
The Competition Council has authorized the acquisition of Engie Building Solutions SRL by Specialized Services Holdings SA
15:15
Fitch has reconfirmed the rating of "BBB-" for Constanța, Bucharest, Oradea, Brașov, and Buzău. The rating is limited by Romania's rating.
15:12
Veterinary doctor from the 'Empire of Dogs' shelter in Suceava has been charged with the illegal killing of 662 dogs, without respecting the law.
15:00
Insurance company accused of violating religious freedom after requesting the removal of a Christian message from its vehicle.
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
