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EU-US trade deal finalised

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European stocks lose further ground as traders digest details of EU-U.S. trade deal
An update on Thursday confirmed those details, and revealed that pharmaceuticals exported from the EU to the U.S. will see tariffs capped at 15%. That alleviated some concerns, as U.S. President Donald Trump had previously threatened to slap the sector with tariffs as high as 250%.

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Sourcing Journal on MSN · 12h
EU, US Release Details of Bilateral Trade Deal
U.S. And EU Reveal Trade Deal Details—Here’s How Tariffs Will Affect Cars, Drugs And Other Goods
Irish leaders welcome clarity on EU-US trade deal and pharma tariffs set at 15%
Ireland’s premier and deputy premier have welcomed clarity on the EU-US trade deal, which sets a maximum tariff rate of 15% for the pharmaceutical sector.

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The Irish Times view on the US/EU trade statement: some certainty on tariffs
EU gets 15% US tariff for cars, fails to secure wine reprieve
Irish leaders welcome clarity on EU-US trade deal and pharma tariffs cap of 15 per cent
"We also now have assurance that this rate will extend to pharmaceuticals and semiconductors. "This provides an important shield to Irish exporters that could have been subject to much larger tariffs...

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EU, US release long-awaited trade statement setting 15% all-inclusive tariff on EU goods
White House unveils details for EU trade deal

U.S. and EU flesh out trade commitments under new framework deal

The U.S. will impose a 15% tariff on imports of European cars, pharmaceuticals and other products, according to a joint statement announced Thursday by the Trump administration and European Union.

Trump’s Tariff Deal Gives European Carmakers A Surprise Break But Another Industry Got Burned

A sweeping trade deal cuts car tariffs but leaves other European industries behind as the EU commits billions in US imports

EU still seeking lower US tariff for wine and spirits, says trade commissioner

The European Commission will keep pressing for a preferential tariff for wine and spirits exports to the U.S. that would spare the sector the 15% rate applied on most items under the EU-U.S. trade deal,
DPA International on MSN1d

Germany's Wadephul touts EU trade deal with Indonesia on Jakarta trip

German Foreign Minister Johann Wadephul touted the EU's free trade agreement with Indonesia on Wednesday as he continued his inaugural trip to Asia with a visit to Jakarta. At a meeting with his Indonesian counterpart Sugiono,

ECB chief says Europe should deepen non-US trade ties

ECB chief Christine Lagarde said that a recently outlined trade deal between the US and European Union had “alleviated, but… not eliminated global uncertainty."

China extends probe into EU dairy products as trade tussle goes on

China extended on Monday its anti-subsidy investigation into European Union dairy imports by six months, one front in a wider trade war with Brussels and Washington.

European Trade Takes Fresh Tariff Hit as U.S. Exports Slump

The EU’s exports to the U.S. declined in June and hit their lowest level since the end of 2023, according to statistics agency Eurostat.
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