48 Days
Source:
الصحة والعلوم الشرق الأوسط
EU removes tariffs on US industrial products
European Commission President Ursula von der Leyen announced that the European Union will exempt its imports of American industrial products from customs duties, in response to an agreement signed with the United States in July 2025. This decision aims to enhance trade stability and provide more options and reduced costs for companies and consumers within the Union. It comes after pressure from former U.S. President Donald Trump to adhere to the protocols of the agreement by July 4. The agreement stipulates a 15% duty on EU exports to America, while American industrial goods imported into the EU are exempt, and this arrangement remains in effect until the end of 2029 unless renewed.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)