Source: European Commission (video statements)
The European Union and the United States have reached a deal concerning tariffs and trade on 27th July 2025. The agreement concerns the two largest global economies with a market of 800 million people. Now, a single 15% tariff rate for the vast majority of EU exports will bring clarity and certainty to consumers and businesses. The rate covers most sectors, including cars, semiconductors and pharmaceuticals.
Read President von der Leyen’s full statement about the tariff agreement here:
https://europa.eu/!gRXhqQ
Watch on the Audiovisual Portal of the European Commission:
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