The European Union has welcomed the latest US tariff regime, saying it aligns with trade commitments agreed with Washington. The new duties impose levies of 10% to 12.5% on several trading partners, while exempting products including aircraft parts, generic medicines, cork and diamonds from additional duties.
The European Union on Friday welcomed a new round of US tariffs imposed on trading partners, saying the measures aligned with the tariff commitments agreed between Brussels and Washington.
"The EU notes positively the fact that this outcome is in line with the US tariff commitments agreed under the EU-US Joint Statement," European Commission spokesperson Olof Gill said.
The new US tariff regime, which took effect on Friday after replacing an earlier global duty introduced by President Donald Trump, imposes levies ranging from 10% to 12.5% on around 60 trading partners, including China, India and the European Union.
Key European exports exempt from additional duties
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