Eng
Current U.S. tariffs and the trade conflicts they have triggered are having a profound impact on global supply chains. Companies are increasingly redirecting their trade flows to mitigate price increases, which has major implications for European exporters.
According to Allianz Trade, the current effective rate of U.S. tariffs on imports from the EU is 13%, compared to approximately 1% in 2024. It could come down to 12% if the U.S.–EU deal gets the green light.
The deal implies a reduction in American tariffs on European cars from 27.5% to 15%. In return, the EU will need to remove tariffs on American industrial goods and grant preferential market access to a variety of agricultural and seafood products.
Source: trans.info