26
Aug
By Dr. Eckart Gottschalk, Dr. Kai Westerwelle, and Dr. Nicolas Wiegand, CMS
At a meeting between US President Donald Trump and EU Commission President Ursula von der Leyen on 27 July 2025, the US and the EU agreed on the introduction of a uniform, top flat rate for US tariffs of 15 % on goods from the EU.
• The 15 % cap applies to almost all EU exports that are currently subject to reciprocal tariffs. However, if a most-favoured nation (MFN) tariff rate...