EU and U.S. agree broad tariff deal

The trade deal ends a months-long standoff between two of the 
worldÕs biggest economic partners


EU IS BIGGEST SOURCE OF U.S. IMPORTS

European Union
Mexico
Canada
China
Switzerland
Vietnam
Taiwan
Japan
South Korea
India

303
220
169
149
72
71
65
63
53
47

20.2
14.6
11.2
9.9
4.8
4.7
4.3
4.2
3.5
3.1

U.S. imports value ($ billion)

Share of total U.S. imports (%)

Note: Figures are sum of Jan-May, 2025


KEY TAKEAWAYS FROM EU-U.S. TRADE DEAL

15% tariffs on most EU goods 
entering U.S., instead of 30% that 
had been threatened

Zero tariffs on certain goods, 
including aircraft and plane parts, 
some chemicals and some 
agricultural products

EU to boost its investment in U.S. 
by $600bn, including purchase of 
military equipment, and spend 
$750bn on U.S. energy

EU steel and aluminium will
continue to face 50% tariff when 
sold into U.S.


Sources: BBC, Bloomberg

Picture: Getty Images

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