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    Home > Headlines > EU, U.S. heading towards 15% tariff deal, EU diplomats say
    Headlines

    EU, U.S. heading towards 15% tariff deal, EU diplomats say

    Published by Global Banking and Finance Review

    Posted on July 23, 2025

    1 min read

    Last updated: January 22, 2026

    EU, U.S. heading towards 15% tariff deal, EU diplomats say - Headlines news and analysis from Global Banking & Finance Review
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    Tags:tradeInternational tradefinancial marketseconomic benefits

    Quick Summary

    The EU and U.S. are nearing a trade deal imposing a 15% tariff on EU imports, including cars, aligning with a U.S.-Japan agreement.

    EU, U.S. heading towards 15% tariff deal, EU diplomats say

    BRUSSELS (Reuters) -The European Union and the United States are heading towards a trade deal that would result in a broad tariff of 15% applying to EU goods imported into the United States, two diplomats said on Wednesday.

    The rate, which could also extend to cars, would mirror the framework agreement the United States has struck with Japan.

    (Reporting by Philip Blenkinsop; Editing by GV De Clercq)

    Key Takeaways

    • •The EU and U.S. are negotiating a 15% tariff deal.
    • •The tariff could apply to EU goods imported into the U.S.
    • •Cars may be included in the tariff agreement.
    • •The deal mirrors a similar U.S.-Japan agreement.
    • •Diplomats provided the information on Wednesday.

    Frequently Asked Questions about EU, U.S. heading towards 15% tariff deal, EU diplomats say

    1What is the proposed tariff rate for EU goods in the U.S.?

    The proposed tariff rate for EU goods imported into the United States is 15%.

    2Could the tariff extend to any specific products?

    Yes, the tariff could also extend to cars, similar to the framework agreement with Japan.

    3Who reported on the progress of the tariff negotiations?

    The article was reported by Philip Blenkinsop, with editing by GV De Clercq.

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