New EU-US customs agreement supports de-escalation, we await its details
The Automotive Industry Association welcomes the conclusion of a new tariff agreement between the European Union and the United States as a step towards de-escalating trade tensions that have created uncertainty on both sides of the Atlantic in recent months. While the 15% tariff on cars and car parts cannot be considered low, we welcome the fact that the threat of further escalation has been averted and that a certain degree of legal predictability has been restored. ...
