EU Plans to Eliminate Tariffs on U.S. Goods to Reduce Auto Duties
TL;DR Summary
The European Union has proposed to remove tariffs on American industrial goods, including a reduction in auto tariffs from August 1, as part of a broader US-EU trade agreement aimed at restoring stability and predictability in transatlantic trade relations, following tense negotiations and commitments to increase energy and investment exchanges.
Topics:nation#automobile-tariffs#business#eu-tariffs#industrial-goods#trade-relations#us-eu-trade-deal
- European Union to remove tariffs on U.S. industrial goods, triggering cuts for EU autos CNBC
- EU to scrap tariffs on US goods to pave way for lower car duties Reuters
- Trump's new tariff threat suggests the EU-US trade war isn't over yet Euronews.com
- EU offers tariff removals to Trump, as it seeks lower duties on cars New York Post
- Mercedes Says Delays to EU-US Tariff Deal Are Hurting Carmakers Bloomberg.com
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