Despite underlying tensions, both US and EU officials are signaling a mutual interest in moving quickly to implement their new trade framework and de-escalate tariff disputes. An unnamed US official told reporters that relief from high US auto tariffs could come within weeks, depending on how fast the EU can formally introduce legislation to lower its own trade barriers.
The agreement states that the US will reduce its 27.5% tariff on European cars to 15% as soon as Brussels tables the necessary bill. “As soon as they’re able to introduce that legislation… then we will be in a position to provide that relief,” the official said, adding, “both sides are very interested in moving quickly.” This creates a powerful incentive for the EU to accelerate its internal processes.
The deal, brokered between Donald Trump and Ursula von der Leyen, commits the EU to eliminating tariffs on US industrial goods and improving access for certain agricultural products. In return, the US agrees in principle to a 15% tariff on most EU imports, including autos, pharmaceuticals, and semiconductors, a significant reduction from the threatened rates.
However, this shared desire for speed is complicated by a backdrop of European skepticism and industry disappointment. While policymakers may want to act fast to benefit major sectors like the German auto industry, they face pressure from other groups, like French wine producers, who feel abandoned by the deal. Balancing these competing interests could test the EU’s ability to act with the swiftness Washington desires.