Source: European Parliament
On 27 July 2025, the President of the Commission and the President of the United States (US) reached a political agreement on tariffs and trade, later confirmed by the Joint Statement[1] issued on 21 August 2025.
Faced with the exceptional situation of the US imposing high tariffs on imports from the EU, the Commission’s overriding priority has been to stabilise the situation and restore predictable conditions for transatlantic trade and supply chains. The Member States and the European Parliament have all been united behind the Commission’s efforts and were regularly informed of the discussions with the US in the lead up to the leader’s meeting.
While the Commission remains convinced that high tariffs are detrimental to the global economy, the negotiated outcome avoids a harmful tariff-escalation and ensures continued access to US market. The EU-US deal helps maintaining a competitive position for EU exporters on the US market.
The Commission continues its strong support for Ukraine on all fronts, including in diplomatic engagements with the US.
- [1] https://policy.trade.ec.europa.eu/news/joint-statement-united-states-european-union-framework-agreement-reciprocal-fair-and-balanced-trade-2025-08-21_en.