US car tariffs finally reduced from 27.5% to 15%
The EU and the US have a trade agreement on a 15% tariff for cars exported to the US. Pictured are VW Group products departing for the US in the German port of Emden /Reuters
The EU and the US have signed a joint statement to retroactively reduce US tariffs on cars and car parts from 27.5% to 15%. The reductions were technically part of an agreement in July, but were never implemented. That will now change.
After weeks of uncertainty following the political agreement
