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EU, U.S. Trade Talks: Tariffs on Wine and Cars

8/22/2025

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Summary

Story summary

The EU and U.S. did not exempt European wines from a new 15% import tariff, with ongoing negotiations highlighted by EU Trade Commissioner Maros Sefcovic.
The EU seeks to reduce U.S. tariffs on car exports, anticipating relief for European carmakers.
Both parties agreed to tackle digital trade barriers and explore cooperation in steel and aluminum markets.

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Story summary

The EU and U.S. did not exempt European wines from a new 15% import tariff, with ongoing negotiations highlighted by EU Trade Commissioner Maros Sefcovic.
The EU seeks to reduce U.S. tariffs on car exports, anticipating relief for European carmakers.
Both parties agreed to tackle digital trade barriers and explore cooperation in steel and aluminum markets.