Overview
- Official notices from the Commerce Department and Trade Representative Jamieson Greer published on September 24 confirm the new 15% rate and its retroactive application.
- The documents cite the EU’s initiation of required implementing legislation as the basis for applying the lower rate back to August 1.
- The tariff adjustment replaces a previously higher 27.5% levy and is framed as part of a negotiated, sector-specific de‑escalation.
- Listed carve-outs include certain pharmaceutical products and aircraft parts, and other categories still face elevated duties.
- EU measures referenced in the package include removing tariffs on selected U.S. industrial goods and granting preferential access for products such as nuts, dairy, pork, bison and lobster.