By Giampiero Gramaglia | 28 July 2025
Tariffs: US-EU, Trump and von der Leyen reach preliminary agreement, 15% tariff set
US-EU reach tariff agreement: 15% baseline, 50% on metals, pharma/tech unclear. Trade war paused, uncertainty remains.
US-EU reach tariff agreement: 15% baseline, 50% on metals, pharma/tech unclear. Trade war paused, uncertainty remains.
EU unity is key to facing tariffs. The real opportunity lies in completing the Single Market to boost resilience, trade, and global strength.
EU braces for US tariff escalation as Parliament presses Commission
Trade relations between the European Union and the United States are entering a critical phase, as ongoing negotiations remain overshadowed by looming tariffs and political uncertainty.
The meeting between Donald Trump and Benjamin Netanyahu: a reversal by Trump on Ukraine, and the widely expected relaunch of tariffs.
The EU discusses US tariffs, focusing on countermeasures but remaining committed to negotiation and cooperation.
Trump’s tariff ignite a global trade war, with China, Europe, and others reacting. Elon Musk’s potential exit adds to the political turmoil and market impact.
Commissioner Dombrovskis told a press conference that if needed, the EU Executive is ready “to defend Europe’s economic interests,” as the bloc did during the first Trump administration to counter commercial restrictive measures on steel and aluminum.
In its first term as President Trump has proposed imposing a universal tariff of 10–20% on all imports into the U.S., alongside tariffs of 25% on Chinese and Mexican goods. These measures could significantly impact EU sectors heavily reliant on U.S. exports, such as cars and chemicals.
The EU Commission has submitted to the Council a proposal to introduce extraordinary tariffs on grains, oilseeds and products from Russia and Belarus.