#US-EUTradeAgreement

U.S. will impose a 15% baseline tariff on most EU goods:

Applies to ~70% of EU exports to the U.S., including cars, pharmaceuticals, and semiconductors .

This replaces a previously threatened 30% tariff and offers more predictability for businesses .

🔹 Exemptions and Special Cases:

Aircraft, aircraft parts, semiconductor manufacturing equipment, certain agricultural goods, and generic drugs will enjoy zero tariffs under sectoral agreements .

Steel and aluminum tariffs remain at 50%, although a quota-based system is to be negotiated .

Wine and spirits were not yet included, and industry groups in Europe are urging inclusion to avoid high tariffs .