THE GUARDIAN: Trump tariff of 15% means European exporters will face more than triple the average 4.8% levy now in force
The US-EU trade deal, clinched in a ballroom at Donald Trump’s golf resort in Scotland on Sunday, has been criticised by France’s prime minister and business leaders across Germany.
The deal, which will impose 15% tariffs on almost all European exports to the US including cars, ends the threat of a punitive 30% import duties being imposed on Trump’s 1 August deadline for a deal, but it is a world apart from the zero-zero import and export tariff the EU offered initially.
It also means European exporters to the US will face more then triple the average 4.8% tariff now in force, with negotiations to continue on steel, which is still facing a 50% tariff, aviation, and a question mark over future barriers to pharmaceutical exports. » | Lisa O’Carroll in Brussels | Monday, July 28, 2025
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THE NEW YORK TIMES: For Trump, E.U. Trade Deal was Badly Needed: After a lot of big talk on trade, the Trump administration needed a big win. It appears to have just gotten one. »
