Measure will come if no agreement is reached and if Donald Trump complies with its threat of applying this rate to block exports
The European Union prepares to impose 30% rates on approximately 100 billion euros on US products. The measure will come if no agreement is reached and if President Donald Trump (Republican Party) meets his threat of applying this rate in most exports of the European bloc from August 1.
The European Commission announced on Wednesday (23.Jul.2025) that, as part of an initial wave of contracted, the EU would combine an already approved list of 21 billion euros in US products with a previously proposed list covering 72 billion additional euros of US products in a single package.
North American exports would include industrial goods such as Boeing aircraft, US-made cars and Bourbon whiskey. These items would face a rate equivalent to the 30% rate threatened by Trump.
EU fares would be ready to take effect next month, but would only be implemented if no agreement were reached and the US continued its rates after August 1.
With information from Brazil.