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European Union Tariff News and Tracker

European Union Tariff News and Tracker

Auteur(s): Quiet. Please
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 This is your European Union Tariff Tracker podcast.

Discover the latest developments and insights with the "European Union Tariff Tracker" podcast, your go-to daily source for comprehensive news and information about tariffs affecting the European Union, particularly those imposed by Trump and the United States. Stay informed about the dynamic world of international trade policies, economic impacts, and political negotiations that influence global markets. Perfect for business leaders, policymakers, and anyone interested in the intricate web of tariffs and trade relations, this podcast keeps you up-to-date with expert analysis and timely updates. Tune in daily to ensure you stay ahead in understanding how these tariffs shape the economic landscape of the EU and beyond.

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  • US EU Trade Tensions Escalate: Critical Tariff Deadline Looms as Negotiators Race to Prevent Massive Economic Disruption

    US EU Trade Tensions Escalate: Critical Tariff Deadline Looms as Negotiators Race to Prevent Massive Economic Disruption
    Jul 7 2025
    Listeners, today’s top story centers on the rapidly evolving tariff standoff between the United States and the European Union. Tensions have escalated as President Trump’s administration pushes to finalize new trade agreements, with the clock ticking toward an August 1 deadline. Without a deal, tariffs on EU goods could spike as high as 50%, sweeping in everything from French cheese and Italian wine to German electronics and cars. Negotiators met throughout the weekend, and the pressure is mounting on both sides to strike an accord before the punitive measures kick in, as reported by DW.

    Back in April, President Trump declared a national emergency over what he characterized as unfair foreign practices, invoking the International Emergency Economic Powers Act to levy a 10% tariff on imports from all countries, including those in the EU. This universal tariff was set for April 5, and in addition to these blanket duties, the administration pledged individualized, higher tariffs for countries with which the U.S. runs its largest deficits. For the EU, this has meant negotiations to not only accept the 10% baseline but to seek exemptions or lower rates for key sectors such as pharmaceuticals, alcohol, and semiconductor exports, along with quotas and auto and metal carve-outs. According to the White House, these tariffs will remain until the administration determines the trade deficit threat is addressed.

    Over the last three months, there was a temporary pause on the steepest country-by-country tariffs, which had ranged from 10% to 50%. That reprieve ends July 9, and according to Time Magazine, the EU is rushing to secure at least an agreement in principle with the U.S. European Commission President Ursula von der Leyen confirmed last week that reaching a full, detailed deal with Washington before the deadline would be “impossible,” but signaled optimism for a basic framework agreement.

    Meanwhile, the EU stands ready to retaliate if U.S. duties are enacted. Brussels has delayed the introduction of reciprocal tariffs on U.S. goods, but without progress, products from American whiskey to tech components could soon face extra duties when entering the European market, referencing updates from the Trade Compliance Resource Hub.

    The stakes are massive: Eurostat data cited by DW pegs daily trade in goods and services between the EU and the U.S. at nearly €4.6 billion. Both governments know that prolonged tariffs at the current or higher rates would reverberate through global supply chains and put upward pressure on consumer prices—concerns that have business and industry groups on high alert across both continents.

    Keep an eye out for breaking news in the next 48 hours. Significant announcements from both sides are anticipated, as negotiators face one of the most consequential trade deadlines in years.

    Thanks for tuning in to European Union Tariff News and Tracker. Be sure to subscribe so you don’t miss the latest developments. This has been a Quiet Please production, for more check out quiet please dot ai.

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    3 min
  • US-EU Trade War Looms: Trump Threatens 50 Percent Tariffs as Transatlantic Tensions Escalate in July 2025

    US-EU Trade War Looms: Trump Threatens 50 Percent Tariffs as Transatlantic Tensions Escalate in July 2025
    Jul 6 2025
    Listeners, as we head into the week of July 7th, 2025, the transatlantic tariff landscape is fraught with tension, uncertainty, and major headlines surrounding US and European Union trade relations. The possibility of sweeping tariff hikes is dominating the agenda, and new developments are set to shape how goods will move between the world’s two largest economic blocs.

    This Monday, all eyes are on whether President Trump will follow through on his threat to increase tariffs on EU exports to the United States to a staggering 50 percent. According to ABC News, this would represent a dramatic escalation, impacting everything from French cheese and Italian leather to German electronics and Spanish pharmaceuticals. The president first imposed a 20 percent tariff on all EU-made products back in April, only to reduce it temporarily to 10 percent to allow for negotiations and calm jittery financial markets. Now, with the July 9 deadline for further action looming, Trump has made it clear he is willing to raise rates to 50 percent if talks stall, citing frustration with the EU’s stance at the bargaining table.

    European leaders have responded with a mix of hope for a last-minute deal and stern warnings of retaliation. The European Commission says it has prepared a broad set of countermeasures, including tariffs on hundreds of American products ranging from beef and auto parts to beer and Boeing airplanes. There is also talk that the US could offer exemptions for some goods, which might pave the way for a compromise, but the risk of a full-scale tit-for-tat trade war remains high.

    The EU has also delayed implementing its own set of reciprocal tariffs on US-origin goods, which were initially threatened to start in June but are now postponed until July 9. If enacted, these duties could reach as high as 50 percent on certain American products, according to the Trade Compliance Resource Hub. In the event of escalation, further duties ranging from 4.4 percent to 50 percent may be imposed on about €8 billion worth of US goods. Additionally, new 25 percent ad valorem tariffs on select US goods are scheduled for August 14 if no resolution is reached.

    On the economic front, the European Commission’s spring forecast signals that a general tit-for-tat escalation would hurt both economies, with the US facing the more pronounced slowdown. For the EU, the direct hit to GDP is more moderate, but higher import prices and tighter financial conditions are likely as uncertainty rattles investors.

    Steel and aluminum remain under separate quota arrangements, and US Customs and Border Protection continues to manage tariff rate quotas for EU metals. Updated limit tables for 2025 were published in March, underscoring ongoing industrial friction beneath broader tariff threats.

    Listeners, these rapidly evolving developments will affect the cost of everyday goods and the pace of economic recovery on both sides of the Atlantic. We’ll be back with updates as the July 9 deadline approaches and negotiations continue. Thank you for tuning in, and don’t forget to subscribe to keep up with the latest on the European Union Tariff News and Tracker. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

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    3 min
  • US EU Trade Tensions Escalate: Potential 50% Tariffs Loom as Deadline Approaches with Critical Negotiations Underway

    US EU Trade Tensions Escalate: Potential 50% Tariffs Loom as Deadline Approaches with Critical Negotiations Underway
    Jul 4 2025
    As we approach the deadline for potential new tariffs between the United States and the European Union, tensions remain high. The EU has been engaged in a delicate dance with the U.S., particularly since President Trump's declaration of a national emergency to address trade deficits. On April 5, 2025, President Trump imposed a global 10% tariff on all U.S. imports, which was followed by an announcement to impose higher, country-specific tariffs on countries with significant trade deficits, though these were later delayed.

    The European Union had been facing the possibility of a 20% tariff on its exports to the U.S., but this has been delayed until July 9, 2025. The EU has countered with its own set of tariffs, considering imposing duties on approximately €95 billion worth of U.S. imports in response to U.S. automotive tariffs and other trade policies. These tariffs could include a 25% ad valorem duty on most products, with some facing a reduced rate of 10%.

    European Commission President Ursula von der Leyen has emphasized the EU's desire to strike a trade deal in principle by July 9, mirroring the agreement the U.K. has with the U.S. This deadline is crucial as President Trump has threatened to impose reciprocal tariffs of up to 50% on most EU goods if no agreement is reached.

    The ongoing trade tensions have significant macroeconomic implications, with both the U.S. and EU economies expected to feel negative effects from the tariffs. The EU has also been considering export restrictions on certain products like steel scrap and chemical products in response to U.S. actions.

    As we move forward, listeners should stay tuned for updates on these negotiations and potential tariff changes. The stakes are high, and the outcome will significantly impact trade relations between these economic giants.

    Thank you for tuning in to this episode of "European Union Tariff News and Tracker." Don't forget to subscribe for more updates on EU tariffs and trade news. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

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    2 min

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