Business

United States to impose lower tariffs on the European Union

united-states-to-impose-lower-tariffs-on-the-european-union

According to the news agency Reuters, the Trump administration and the European Union have reached an agreement regarding tariffs on European vehicles entering the United States. The new deal sets tariffs at 15% for both autos and parts (with certain exceptions for generic pharmaceuticals, aircraft, and aircraft components). This replaces the previously announced 25% tariffs.

Other topics were also discussed, including rare metals as well as electronic and mechanical components. However, it is important to note that the U.S. Court of Appeals has stated that President Trump has no authority to impose tariffs on multiple nations without prior approval.

(Photo: Daimler)

Author’s Posts

  • AJAC TestFest – A Major Event!

    Every year, the members of the Automobile Journalists Association of Canada (AJAC) are tasked with helping the public discover which vehicles are most likely to win their hearts. The process culmin...

    Dec 19, 2025

  • Genesis Unveils One Of Its Dream Cars

    Do you remember the days when automakers unveiled dream cars—unique vehicles not necessarily intended for production, but designed to spark the imagination of car enthusiasts

    Jack Uppal Appointed New President Of GM Canada

    General Motors of Canada has announced the appointment of Jack Uppal, who will soon become the company’s new President in the country. Mr. Uppal will succeed Kristian Aquilina, who will assume th...

    Dec 15, 2025

  • Kia Unveils Its New Seltos SUV

    The battle continues to intensify in the compact SUV segment, as South Korean automaker Kia has just unveiled its all-new, redesigned second-generation 2027 Seltos

    Aisin Invests In Its Canadian Plant

    The Canadian division of auto parts manufacturer Aisin (a member of the Toyota Group) has announced an $11 million investment over the coming year to adapt its facilities for the production of pano...

    Dec 15, 2025

Image

Business Directory

Image