acf domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/ecg/ecgassociationdev/wp-includes/functions.php on line 6121Automotive News Europe — 2025-09-24
Automotive Industry
President Donald Trump’s administration said it was formally implementing the U.S. trade agreement with the European Union, confirming that a 15 percent duty rate for EU autos and auto parts began on August 1.
In a Federal Register notice released Sept. 24, the Commerce Department and the U.S. Trade Representative’s office said they have amended the tariff schedule to implement the framework agreement reached with the EU in July that lowers the tariffs to 15 percent from 25 percent on most imports from the EU, including autos.
The announcement eases anxiety in an industry that had been waiting for the long-delayed confirmation in order to make sourcing decisions.
Shares of German automakers Volkswagen, Porsche and Mercedes-Benz gained on the news.
Oliver Blume, CEO of VW and Porsche, had said last week that the actual lowering of U.S. auto import tariffs from August was still subject to talks between the U.S. and EU, and could take several weeks.
Most of the new rates take effect for EU goods shipped starting Sept. 1, but the relief for automobiles and parts was contingent on the EU introducing legislation to lower tariffs on American industrial goods and some non-sensitive agricultural products.
The bloc followed through with that action on Aug. 28 and is currently in the process of implementing its concessions, paving the way for the Trump administration to backdate the new auto charge.