EU and US Reach Trade Deal on Car Tariffs and More

1 min read
Source: Reuters
EU and US Reach Trade Deal on Car Tariffs and More
Photo: Reuters
TL;DR

The EU aims to secure a retroactive reduction of US car tariffs to 15%, contingent on EU legislation, with relief potentially starting from August 1, as part of a broader trade framework deal announced in July, which includes commitments on tariffs, market access, and energy and technology investments.

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