EU Releases Statement on Tariffs and Trade with the United States

Posted by Timothy Miller on 7/28/25 5:00 PM

In a press release published on July 27, 2025, the European Union (EU) Commission President issued a statement on the recent deal announced on tariffs and trade with the United States.

The press release reviews some details of the deal such as:

  • A single 15% tariff rate will apply to most EU exports, including cars, semiconductors and pharmaceuticals;
  • A zero-for-zero tariffs on several strategic products; including all aircraft and component parts, certain chemicals, certain generics, semiconductor equipment, certain agricultural products, natural resources and critical raw materials; and
  • The EU and the US will work together to ensure fair global competition on steel and aluminum.

A link to the EU Statement can be found here:
Statement by the President on the deal with the United States

Topics: EU, Tariffs

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