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The EU tariff rates on industrial goods imported from the U.S. is/was in the lower single-digit numbers, maybe 1-2% on average. The U.S. has agreed to reduce its tariffs on cars built in the European Union to 15% from 27.5%. Not a bad deal, right?
27.5% was before the orangutan took office?
I didn’t check that, but I guess we can trust the article. These are U.S. tariffs for EU-made cares, though. The U.S. might have reduced them now.
I am honestly not sure whether this is already legally binding as the article says, “The European Commission proposed …”