A new trade era between the US and EU is here!

The United States and the European Union just formalized a framework trade agreement. Starting soon, a 15% tariff will apply to many EU imports, including cars, auto parts, pharmaceuticals, and semiconductors.

This deal brings predictability for companies, stability for markets, and security for jobs. The EU will also lower tariffs on U.S. industrial products and give preferential access for food exports like nuts, fruits, vegetables, and dairy.

It’s a big move for global trade, affecting supply chains, pricing, and logistics planning for importers and exporters alike. Companies now need to plan ahead — from sourcing to distribution — to minimize tariff impacts.