EU tariffs to US capped at 15% - report

Published 05/08/2025, 09:40
EU tariffs to US capped at 15% - report

Investing.com -- The European Union faces a 15% tariff on all goods entering the United States, Reuters reported on Tuesday, citing an EU official.

This all-inclusive rate incorporates the Most Favoured Nation Rate, setting the EU apart from some other countries that have special trade agreements with the U.S.

The official clarified that the 15% tariff applies universally to EU exports with only a few exceptions, according to the report.

Steel and aluminum products are not covered by this rate and follow different tariff structures.

Currently, pharmaceuticals and semiconductors from the EU enter the U.S. market duty-free. However, the official noted that if tariffs on these products increase as a result of ongoing U.S. Section 232 investigations, they would still be capped at the 15% maximum rate.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.