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

Published by Global Banking and Finance Review

Posted on August 27, 2025

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(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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