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European Union Tariff News and Tracker

European Union Tariff News and Tracker

By: Quiet. Please
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 This is your European Union Tariff Tracker podcast.

Discover the latest developments and insights with the "European Union Tariff Tracker" podcast, your go-to daily source for comprehensive news and information about tariffs affecting the European Union, particularly those imposed by Trump and the United States. Stay informed about the dynamic world of international trade policies, economic impacts, and political negotiations that influence global markets. Perfect for business leaders, policymakers, and anyone interested in the intricate web of tariffs and trade relations, this podcast keeps you up-to-date with expert analysis and timely updates. Tune in daily to ensure you stay ahead in understanding how these tariffs shape the economic landscape of the EU and beyond.

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Episodes
  • US-EU Trade Showdown: Trump Proposes 15% Tariffs on European Goods in Landmark Economic Negotiation

    US-EU Trade Showdown: Trump Proposes 15% Tariffs on European Goods in Landmark Economic Negotiation
    Aug 15 2025
    Listeners, the European Union tariff landscape is once again at a crossroads as the United States, under President Trump, takes bold steps that could shape the future of transatlantic trade. Just today, ThinkTank.pk reports that after a crucial summit between European Commission President Ursula von der Leyen and President Trump in Scotland on July 27, the US has submitted its final proposals to the EU, aiming to cement a landmark trade agreement. This deal, if finalized, would impose a 15 percent tariff on EU goods entering the United States and, in return, secure major European commitments to purchase €750 billion in US energy products and invest €600 billion in the American economy before the end of Trump’s term.

    Listeners should note that this process is still underway. Olof Gill, spokesperson for the European Commission, confirmed that both sides are trading proposals in a diplomatic back-and-forth, with the aim of reaching a mutually acceptable final text. While not legally binding yet, the joint statement will determine which goods receive tariff exemptions and set the framework for future transatlantic economic ties.

    Meanwhile, according to Custom Goods, the landscape for all importers has shifted dramatically. An executive order signed by President Trump on July 31, 2025, replaces the broad 10 percent ad-valorem duty with a tiered tariff system. As of August 7, 2025, the reciprocal tariffs stand at 15 percent for EU goods, 35 percent for Canada, and 25 percent for India—which is set to double at the end of the month. This new structure also introduces penalties of up to 40 percent for products shipped into the US through third countries, known as transshipment. For those affected, the key is to determine the country of origin under strict US Customs and Border Protection rules, as this alone dictates tariff liability. Products in transit before August 7 may still qualify for the old rates, but most new imports now fall under the updated tariff system.

    VATupdate.com confirms these country-specific tariffs, noting the 15 percent rate on EU and Japanese goods as of August 7. Additionally, only the highest single tariff applies to each product to avoid excessive stacking of duties—an important technical adjustment for importers and exporters alike.

    On the enforcement front, legal challenges are already in motion. The American Association of Exporters and Importers points out that while lower courts questioned the legality of these executive orders, the appeals process has temporarily kept the tariffs in effect.

    As talks continue, European manufacturers, especially in the automotive, steel, and aluminum sectors, are closely monitoring the negotiations. The EU, for its part, has delayed retaliatory tariffs for six months in a bid to keep diplomacy on track. How these high-stakes talks resolve will not only redraw goods flows between the US and Europe but also serve as a global blueprint for future trade deals under a Trump administration.

    Thanks for tuning in to European Union Tariff News and Tracker. Be sure to subscribe for the latest updates on these fast-moving developments. This has been a Quiet Please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

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    4 mins
  • Trump Imposes Massive 15% Tariff on EU Goods Sparking Trade Tensions and Potential Retaliatory Measures

    Trump Imposes Massive 15% Tariff on EU Goods Sparking Trade Tensions and Potential Retaliatory Measures
    Aug 13 2025
    Listeners, today’s biggest headline in European Union tariff news surrounds the new U.S. tariff regime under President Trump. As of August 7, the United States has enacted a flat 15% tariff on nearly all European Union goods – a major escalation that comes just after the EU agreed to drop its own import duties on U.S. industrial products to zero. According to Gaston Schul, this means EU exports from automobiles and parts to pharmaceuticals and semiconductors are now significantly more expensive to land in the U.S., while American goods enjoy free entry into the EU.

    To put this in perspective, NutraIngredients reports that before these changes, the average U.S. tariff on EU exports was about 1.2%, so this is a more than tenfold increase. Donald Trump had initially threatened an even steeper 30% rate, but, after fraught negotiations, the 15% ceiling is where things landed for now. Not all products are treated equally—some strategic goods, like certain raw materials and agricultural items, are exempt thanks to targeted zero-for-zero tariff commitments between Trump and European Commission President Ursula von der Leyen. There’s confusion, though. For example, while the White House claims pharmaceuticals are subject to the 15% rate, the European Commission maintains those will remain duty free, leading to ongoing disputes and a new U.S. Department of Commerce inquiry.

    Steel, aluminum, and copper are subject to the highest import taxes, facing a 50% tariff until a new transatlantic supply chain pact is finalized. All other EU products hit by the 15% wall are now among the most expensive for U.S. importers since the early 20th century. Grant Thornton confirms these are the highest effective tariffs in almost a century, and the tariff-driven cost increase is a structural concern for Europe’s exporting industries—especially automakers and advanced manufacturers who fear losing competitiveness in their biggest foreign market.

    While Trump has boasted that this strategy will bring investment back to American soil, European officials and industries are wary. The European Commission has only called the July 27 White House announcement a “political agreement,” not a binding treaty. With many technical details—like which products are covered and rules of origin requirements—still being hammered out, uncertainty remains a dominant theme. Brussels has warned that if negotiations break down, it has €93 billion in possible countermeasures on standby, targeting U.S. goods from aircraft to industrial machinery. This means that listeners should expect more twists: the final legal agreement may change tariff rates or carve out sector-specific deals, depending on how talks proceed.

    Thanks for tuning in to the European Union Tariff News and Tracker. Don’t forget to subscribe for the latest updates as these dramatic trade shifts continue to unfold. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

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    3 mins
  • US-EU Tariff Deal Takes Effect: Reciprocal Trade Rates Reshape Transatlantic Commerce in 2025 Economic Landscape

    US-EU Tariff Deal Takes Effect: Reciprocal Trade Rates Reshape Transatlantic Commerce in 2025 Economic Landscape
    Aug 11 2025
    Welcome to European Union Tariff News and Tracker for Monday, August 11, 2025.

    The big development for listeners today is the US-EU tariff framework quietly taking effect following President Trump’s “reciprocal tariffs” rollout. According to JD Supra and Mondaq legal briefings, the United States implemented country-specific reciprocal tariffs on August 7 ranging from roughly 10% to 41% on more than 60 trading partners, with negotiated frameworks lowering rates for key allies that reached deals ahead of the deadline. The EU is among those with a deal in place, avoiding the upper bands now hitting non-deal countries such as India, which Fortune reports faces a 25% rate that could double later this month absent an agreement.

    The most detailed public description of the US-EU terms comes from the London School of Economics’ EUROPP blog, which reports that under the July announcement the United States applies a 15% tariff on EU imports overall, while steel, copper, and aluminum face a 50% rate, and the EU has reportedly committed to reduce its car tariff from 10% to 0%. LSE’s analysis stresses these terms are politically costly for Brussels, even if some economic effects are mitigated by similar treatment for other advanced exporters like Japan and South Korea.

    Listeners should note the macro backdrop. VoxEU/CEPR writes that following the tariff announcements targeting European exports, the IMF and the European Commission lowered their 2025 growth forecasts, citing rising uncertainty for EU exporters, exchange-rate volatility, and shifting demand. The column underscores employment risks for EU sectors exposed to the US market, but also points to potential gains where the EU competes with countries now facing higher US rates.

    On pass-through and inflation, Fortune cites Goldman Sachs analysis indicating that about 36% of 2025 tariff costs were passed through to US consumer prices after three months and around 67% after four months, with exporter absorption still limited. The Conference Board’s latest CEO Confidence report, referenced by Fortune, shows most US firms intend to pass tariff costs on—suggesting EU exporters may still face price pressure in the US retail channel even when headline rates are lower than those on non-deal countries.

    Policy watch items for the EU in the coming weeks:
    - Clarification of the exact EU-wide effective tariff schedule under the US framework, especially for sensitive goods and any exemptions.
    - The EU’s reported moves on auto tariffs to zero, which would reshape transatlantic auto trade dynamics if formalized.
    - Monitoring retaliation risk: while Brussels has prioritized de-escalation, adjustments could emerge if metal tariffs at 50% persist.
    - Sectoral exposure: capital goods, autos, luxury, and metals remain the key transmission channels for jobs and investment, as highlighted by VoxEU/CEPR.

    According to LSE EUROPP, the net competitive effect for EU exporters versus China, Vietnam, and others may improve where those countries now face higher US tariffs, but EU producers still lose ground versus US domestic suppliers and will see costs rise where US supply chains are taxed at the border.

    Thanks for tuning in, and don’t forget to subscribe. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
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    4 mins
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