Finance
EU waits for more Trump orders on sector tariffs like cars
Published by Global Banking & Finance Review®
Posted on August 1, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on August 1, 2025
1 min readLast updated: January 22, 2026
The EU awaits further orders from Trump on tariffs, with a recent deal aiming to reduce car tariffs to 15% and zero duties on aircraft.
BRUSSELS (Reuters) -U.S. President Donald Trump's recent executive order only sets out his so-called "reciprocal" tariff for the EU at 15% and does not apply to cars and other agreed carve-outs, EU officials said on Friday, adding they expect further more detailed orders to follow.
EU exports of car and car parts to the U.S. currently face a 27.5% tariff, of which 25% is due to Section 232. But in Scotland on Sunday, the EU and Trump announced a framework deal on trade in which duties on cars and car parts would be reduced to 15%.
They also agreed zero-for-zero duties on a range of goods such as on all aircraft and aircraft parts.
The zero-for-zero tariffs are also not included in Trump's Thursday order, the officials said, which will take effect on August 7.
(Reporting by Julia Payne and Jan Strupczewski; Editing by David Holmes)
EU exports of car and car parts to the U.S. currently face a 27.5% tariff, of which 25% is due to Section 232.
The EU and Trump announced a framework deal on trade that includes zero-for-zero duties on a range of goods, such as all aircraft and aircraft parts.
Trump's Thursday order will take effect on August 7.
The zero-for-zero tariffs are not included in Trump's Thursday order, according to officials.
Trump's executive order sets the reciprocal tariff for the EU at 15%.
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