The European Union is preparing for a decision from U.S. President Donald Trump on a package of executive actions that would cement lower tariffs on European cars and grant tariff exemptions for other products, including aviation components. EU officials expect the announcement later this week, hoping it will provide clarity after months of trade uncertainty between the bloc and Washington. A formal reduction in duties on passenger vehicles would ease pressure on European automakers, while sector-specific carve-outs could shield aerospace suppliers from higher import costs.
⚠ Monday Brief ⚠ 🇺🇸 #Trump To Appoint #Fed Governor and Labour Statistics Chief This week 🇨🇳 #China to Tax Bond Interest Income 🇪🇺 🇺🇸 EU Awaits Trump Actions On Its Car Tariffs ... https://t.co/rjydd7Rcef
EU Awaits Trump Actions On Its Car Tariffs, Exemptions This Week - BBG https://t.co/vCRVTa5tKZ
European Union Awaits Donald Trump’s Decision On Car Tariffs And Exemptions This Week