The Trump administration on Sept. 25 formally implemented its trade deal with the European Union, which confirms a 15 percent tariff on automobiles and automobile parts coming from the bloc.
In a notice published on the Federal Register, the U.S. Department of Commerce and the U.S. Trade Representative said that the tariff rate on EU autos and parts is retroactive to Aug. 1.
The document also specifies hundreds of other products from EU countries that will be exempt from new tariffs, including products in the aircraft and pharmaceutical industries. Other exempted items include aluminum, nickel, and cobalt ores and concentrates, and other metals and minerals….