European Union mulls removing US tariffs this week, Bloomberg News reports
Published by Global Banking & Finance Review®
Posted on August 27, 2025
1 min readLast updated: January 22, 2026
Published by Global Banking & Finance Review®
Posted on August 27, 2025
1 min readLast updated: January 22, 2026
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.
(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.
Reuters could not immediately confirm the report.
(Reporting by Surbhi Misra in Bengaluru; Editing by Toby Chopra)
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