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EU eyeing baseline tariff exemptions, car deal with US, say EU sources

ReutersJul 7, 2025 7:26 PM

- The European Union may secure limited concessions to U.S. baseline tariffs of 10% for aircraft and aircraft parts as well as spirits in an eventual deal with the Trump administration, two sources familiar with the situation said on Monday.

The sources also said the EU was looking into an arrangement that would allow EU automakers that produce and export cars from the United States to import more EU vehicles at tariff rates below the current 25%.

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