A new trade era begins between Washington and Brussels
The President has signed. Donald Trump officially endorsed the document marking a new phase in trade relations between the United States and the European Union. As agreed with European Commission President Ursula von der Leyen, the U.S. will impose 15% tariffs on EU imports. The tariffs will take effect on Thursday, August 7, instead of today, a delay meant to provide more time for implementation. Additionally, customs duties on goods shipped by sea will remain unchanged until at least October 5, 2025.
The White House published a list of nearly 70 countries, including the European Union, that will face specific trade tariffs. For the EU, the new measures target automobiles, semiconductors, pharmaceutical products, and agricultural goods.
What to know about the latest round of tariffs
Roughly 40 countries will face this new 15% tariff. Rates range from a minimum of 10% to a high of 41% in the case of Syria. According to CNN, Trump’s approach signals “a break from decades of free trade toward a new protectionist era.” Deals with China and Mexico remain pending, while Trump has already pledged to raise tariffs on Canadian goods to 35%. Even Switzerland has been hit with a 39% duty.
Trump’s inner circle expressed enthusiasm. “The President has secured a historic trade agreement with the European Union that puts America first,” said White House Press Secretary, Karoline Leavitt, during a briefing. She added, “Media experts said such a monumental, America-first EU deal would be impossible, but President Trump made it happen.”
EU response
In Brussels, the announcement was met with cautious relief following earlier fears of a Trump reversal. “The new U.S. tariffs reflect the first results of the EU–U.S. deal, especially the 15% ceiling on comprehensive duties. This strengthens stability for European businesses and reinforces confidence in the transatlantic economy. EU exporters now benefit from a more competitive position. Work continues,” wrote EU Trade Commissioner, Marcos Sefcovic, on X.
China’s criticism
Beijing responded with strong disapproval. The protectionist move “undermines the interests of all parties,” said the Chinese government after Trump’s decision to impose tariffs on nearly 70 countries. “China’s opposition to tariffs has been consistent and clear,” said Foreign Ministry spokesman Guo Jiakun, adding, “There are no winners in a tariff or trade war.”