We want to hold high tariffs on European cars until Brussels moves to reduce tariffs on U.S. goods | Trump tariffs

Washington won’t lower the steep steep tariff Before European cars, until Brussels introduced legislation to reduce tariffs on U.S. exports, thus maintaining pressure on the EU auto industry.

and Trump administration It has agreed to reduce the current 27.5% U.S. tariffs on European automobiles and auto parts to 15%.

Donald TrumpUrsula von der Leyen, President of the United States and President of the European Commission Announced the deal On July 27, after an hour of meeting after months of negotiations, it was held at Trump’s Scotland Turnberry Luxury Golf Course.

In a joint statement, the United States and the European Union listed commitments, including the EU’s commitment to lifting tariffs on all U.S. industrial products and providing preferential market access to a wide range of seafood and agricultural supplies in the United States.

The United States agrees in principle to charge a 15% tariff on most EU imports, including cars, medicines, semiconductors and wood.

U.S. officials believe the government has only been weeks off to lower its high tariffs on the EU’s auto industry, depending on how long it takes for the group to formally legislate to reduce tariffs on the United States.

“Once they can introduce the legislation, I’m not saying that I’m going to pass it and implement it completely, but that I really introduce it – we’ll have the ability to provide that relief,” a U.S. official who asked not to be named told Reuters. “What I’m going to say is that both sides are very interested in fast moving.”

But the joint statement made it clear that EU automakers will continue to face 27.5% U.S. tariffs until the group introduces new laws. It said U.S. tariffs on EU cars will be lowered “introduced EU legislation proposals from the first day of the same month.”

Reuters contributed the report