The European Union expects the US to officially confirm exemptions from new 15% tariffs on imports from EU countries this week, as well as a reduction in tariffs on automotive products.
According to Report, citing Interfax, this was reported by Bloomberg.
According to its sources familiar with the negotiations, the European Union is counting on US President Donald Trump to sign decrees that will give legal force to the agreements reached in the summer on easing tariff policy. In particular, this concerns a reduction in duties on cars and exemptions for certain industrial goods, including aircraft parts.
It is expected that the parties will issue a joint statement confirming the political agreements reached earlier between Trump and European Commission President Ursula von der Leyen.
According to Bloomberg, the agreed rate of 15% may now also apply to cars that were previously subject to 25% tariffs. In addition, new tariffs on EU products, including semiconductors and medicines, may be adjusted.
The EU is also seeking a separate agreement that would allow certain volumes of steel and aluminium to be supplied to the US at a reduced rate, instead of the current 50%.
