EU says its proposal means lowered U.S. car tariffs down to 15% retroactively from Aug. 1
ReutersAug 21, 2025 11:26 AM
BRUSSELS, Aug 21 (Reuters) - The European Union's proposal would mean lowered U.S. car tariffs down to 15% retroactively from August 1st, the European Union's trade commissioner Maros Sefcovic said on Thursday.
Sefcovic's comment came as a 3-1/2 page joint statement by the United States and the EU was released, locking in a trade deal reached last month that includes a 15% tariff on most EU imports.
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