EU receives US suggestions for finalizing trade and tariffs

Published 14/08/2025, 12:30
© Reuters.

Investing.com -- The European Commission confirmed Thursday it has received a document from the United States containing suggestions for finalizing a joint statement on trade and tariffs.

"We are happy to confirm that we have received a text from the US with their suggestions for getting closer to the final finalization of the document," a European Commission spokesman said in response to questions from reporters.

The EU and United States reached a framework trade agreement in late July, but implementation has been partial so far. Only the baseline tariff of 15% has been put into effect, while the EU continues to wait for the White House to issue executive orders covering various carve-outs, including those related to the automotive industry.

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