Group 1 - The European Commission proposed several legislative measures, including the elimination of tariffs on U.S. industrial goods, in exchange for the U.S. reducing tariffs on EU automobiles, which is a key part of the trade agreement reached last month between the EU and the U.S. [1] - The proposals include zero tariffs on potatoes, reduced tariffs on tomatoes, and zero or low tariffs on pork, cocoa, and pizza, along with extending the duty-free treatment for U.S. lobster [3] - The U.S. has committed to reducing tariffs on EU cars and parts from 27.5% to 15%, effective from August 1, contingent upon the EU's formal cancellation of tariffs on U.S. goods, which is expected to save car manufacturers over €500 million in tariffs within a month [5] Group 2 - Automobiles are one of the most important export products from the EU to the U.S., with imports totaling €38.9 billion in 2024, ranking first [7] - European car manufacturers such as Mercedes, BMW, and Volkswagen have experienced significant declines in revenue and profit in the first half of the year due to U.S. tariffs, and the new trade agreement has not brought about a notably optimistic sentiment [7] - The high tariffs on raw materials like steel and aluminum imposed by the U.S. continue to exert cost pressure on upstream suppliers, which is passed down to car manufacturers, compressing profit margins further [7]
欧盟拟取消部分对美关税 换取美国降低汽车关税
Sou Hu Cai Jing·2025-08-29 09:34