11:49 AM EDT, 09/24/2025 (MT Newswires) -- The US reduced tariffs on EU automobiles to 15%, retroactive to Aug. 1, Bloomberg reported Wednesday, citing a document jointly published by the Department of Commerce and the Office of the US Trade Representative.
Auto imports from the EU were previously subject to a 25% tariff plus existing levies, according to the report.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)