• Login
Thursday, April 23, 2026
Geneva Times
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
Geneva Times
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
Home Business

US implements trade deal with EU; auto imports subject to 15% tariff from August 1

GenevaTimes by GenevaTimes
September 24, 2025
in Business
Reading Time: 2 mins read
0
US implements trade deal with EU; auto imports subject to 15% tariff from August 1
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


 While most EU imports, including autos, are subject to the 15% tariff, certain products are exempt, including all aircraft and aircraft parts, generic pharmaceuticals and their chemical precursors, and natural resources like cork.

While most EU imports, including autos, are subject to the 15% tariff, certain products are exempt, including all aircraft and aircraft parts, generic pharmaceuticals and their chemical precursors, and natural resources like cork.
| Photo Credit:
Dado Ruvic

The Trump administration issued a formal notice on Wednesday implementing the U.S. trade agreement with the European Union, confirming that autos and auto parts imports will be subject to a 15% duty from August 1 and listing exemptions for certain pharmaceutical compounds, all aircraft and aircraft parts, and certain natural resources.

In a Federal Register notice, the Commerce Department and the U.S. Trade Representative’s office said they have amended the U.S. tariff schedule to implement the Framework Agreement reached with the EU in late July that lowers President Donald Trump’s tariffs to 15% on the vast majority of imports from the EU, including autos.

The deal was subsequently modified to make the duty rate retroactive to August 1, but European automakers have been waiting for the formal notice.

The U.S. notice also specifies hundreds of products from the EU that are exempt from tariffs, including natural resources such as cork that are unavailable in the U.S., all aircraft and aircraft parts, and generic pharmaceuticals and their ingredients and chemical precursors.

Published on September 24, 2025

Read More

Previous Post

‘Anti-ICE’ message on ammunition at Dallas shooting that killed two immigration detainees

Next Post

Gaza: UN agencies warn of escalating attacks, mass displacement and famine

Next Post
Gaza: UN agencies warn of escalating attacks, mass displacement and famine

Gaza: UN agencies warn of escalating attacks, mass displacement and famine

ADVERTISEMENT
Facebook Twitter Instagram Youtube LinkedIn

Explore the Geneva Times

  • About us
  • Contact us

Contact us:

editor@thegenevatimes.ch

Visit us

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin