Trump tariffs | EU cars, pharma imports into US to face 15% tariffs under new trade deal: Sefcovic.
Car and pharmaceutical exports from the European Union into the United States will face 15 per cent tariffs, according to a joint statement issued by the US and EU on August 21, AFP reported. EU trade commissioner Maros Sefcovic said the new trade deal, “is a serious, strategic deal — and we are fully behind it.” “A wide range of sectors, including strategic industries such as cars, pharmaceuticals, semiconductors, and lumber, stand to benefit,” Sefcovic added.
Credit to : The Economic Times
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