U.S. And E.U. Trade Deal Caps Tariffs on Exports at 15%
August 27, 2025
The United States has agreed to limit tariffs on pharmaceuticals, lumber and semiconductors imported from the European Union to 15%, according to an agreement released Thursday.
President Donald Trump recently threatened the European pharmaceutical industry with tariffs as high as 250% and the region's semiconductor industry with tariff rates as high as 100%.
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