BRUSSELS (Reuters) -U.S. President Donald Trump's recent executive order only sets out his so-called "reciprocal" tariff for the EU at 15% and does not apply to cars and other agreed carve-outs, EU
EU waits for more Trump orders on sector tariffs like cars
BRUSSELS (Reuters) -U.S. President Donald Trump's recent executive order only sets out his so-called "reciprocal" tariff for the EU at 15% and does not apply to cars and other agreed carve-outs, EU officials said on Friday, adding they expect further more detailed orders to follow.
EU exports of car and car parts to the U.S. currently face a 27.5% tariff, of which 25% is due to Section 232. But in Scotland on Sunday, the EU and Trump announced a framework deal on trade in which duties on cars and car parts would be reduced to 15%.
They also agreed zero-for-zero duties on a range of goods such as on all aircraft and aircraft parts.
The zero-for-zero tariffs are also not included in Trump's Thursday order, the officials said, which will take effect on August 7.
(Reporting by Julia Payne and Jan Strupczewski; Editing by David Holmes)
