Europe, U.S. Confirm 15% Tariff for Pharma, Cars & Chips

GALWAY, IRELAND--September 01, 2025--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The European Union (EU) and the U.S. have agreed a maximum 15% tariff that will be applied to the vast majority of EU exports, including strategic sectors such as cars, pharmaceuticals, semiconductors and lumber. Within this article: Details confirmation of 15% tariff deal with U.S. for key EU exports industries including cars, pharmaceuticals, semiconductors and lumber, background, reaction, impact on trade