Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > European Union mulls removing US tariffs this week, Bloomberg News reports
    Headlines

    European Union mulls removing US tariffs this week, Bloomberg News reports

    Published by Global Banking & Finance Review®

    Posted on August 27, 2025

    1 min read

    Last updated: January 22, 2026

    European Union mulls removing US tariffs this week, Bloomberg News reports - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:financial marketsInternational trade

    Quick Summary

    The EU plans to remove tariffs on US industrial goods by week's end, responding to US demands for lower automobile duties, as reported by Bloomberg.

    Table of Contents

    • EU's Tariff Legislation Efforts
    • Background on Tariff Discussions
    • Potential Impact on Trade Relations

    European Union mulls removing US tariffs this week, Bloomberg News reports

    EU's Tariff Legislation Efforts

    (Reuters) -The European Union is aiming to expedite legislation to remove all tariffs on U.S. industrial goods by the end of the week, a demand made by President Donald Trump before the U.S. will lower its duties on the bloc's automobile exports, Bloomberg News reported on Wednesday.

    Background on Tariff Discussions

    Reuters could not immediately confirm the report.

    Potential Impact on Trade Relations

    (Reporting by Surbhi Misra in Bengaluru; Editing by Toby Chopra)

    Key Takeaways

    • •The EU is considering removing tariffs on US industrial goods.
    • •This move is in response to US demands for lower duties on EU automobiles.
    • •Bloomberg News reported the EU's expedited legislative efforts.
    • •Reuters could not immediately verify Bloomberg's report.
    • •The decision could impact EU-US trade relations significantly.

    Frequently Asked Questions about European Union mulls removing US tariffs this week, Bloomberg News reports

    1What is legislation?

    Legislation is a law or a set of laws enacted by a governing body. It establishes rules and regulations for various sectors, including trade.

    2What is a financial market?

    A financial market is a marketplace where assets such as stocks, bonds, currencies, and derivatives are traded. It facilitates the buying and selling of financial instruments.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Trump says retains right to 'militarily' secure Chagos airbase
    Trump says retains right to 'militarily' secure Chagos airbase
    Image for European corporate outlook improves, but earnings overall expected to fall
    European corporate outlook improves, but earnings overall expected to fall
    Image for Trump endorses Hungary's Orban for re-election ahead of April poll
    Trump endorses Hungary's Orban for re-election ahead of April poll
    Image for Environmental groups sue EU commission over Portugal's lithium mine
    Environmental groups sue EU commission over Portugal's lithium mine
    Image for Slovak prosecutor ends probe over fighter jets, air defence systems donated to Ukraine
    Slovak prosecutor ends probe over fighter jets, air defence systems donated to Ukraine
    Image for Olympics-No credible threats to Milano Cortina Games, U.S. security official says
    Olympics-No credible threats to Milano Cortina Games, U.S. security official says
    Image for Elton John's husband accuses Daily Mail of homophobia in UK privacy trial
    Elton John's husband accuses Daily Mail of homophobia in UK privacy trial
    Image for World Economic Forum investigates its CEO over Epstein links
    World Economic Forum investigates its CEO over Epstein links
    Image for Ukraine says Starlink terminals used by Russia deactivated in blow to Moscow
    Ukraine says Starlink terminals used by Russia deactivated in blow to Moscow
    Image for Novo Nordisk CEO says Hims $49 compounded Wegovy pill a 'waste' of money
    Novo Nordisk CEO says Hims $49 compounded Wegovy pill a 'waste' of money
    Image for Exclusive-ECB to widen access to euro loans in bid to boost global role, sources say
    Exclusive-ECB to widen access to euro loans in bid to boost global role, sources say
    Image for Novo Nordisk to take legal action against Hims & Hers for Wegovy compounding
    Novo Nordisk to take legal action against Hims & Hers for Wegovy compounding
    View All Headlines Posts
    Previous Headlines PostExclusive-Damaged Chinese coast guard ship now under repair at Hainan, satellite images show
    Next Headlines PostGerman firms want tough action from EU in U.S. tariff talks, DIHK says