Major Tariff Changes & Investment Commitments
On July 27, 2025, President Trump and European Commission President von der Leyen announced a new U.S.–E.U. trade agreement with major implications for transatlantic commerce.
The E.U. will eliminate tariffs on U.S. goods and commit to $750 billion in U.S. energy purchases and $600 billion in U.S. investments. In return, the U.S. will reduce tariffs on E.U. goods, including autos, from 30% to 15%. However, steel and aluminum from the E.U. will remain subject to a 50% tariff.
For more information, click here to read the NCBFAA briefing.
Due to the rapidly changing application and modifications of duty rates, please note that Deringer is not responsible for coordinating the timing of U.S. entry and imposed tariff rates.