European Commissioner for Trade and Economic Security, Maros Sefcovic, speaks during a media conference at EU headquarters in Brussels, Belgium, Thursday, August 21, 2025. VIRGINIA MAYO / AP
Details of a US-EU trade deal published on Thursday, August 21, showed Brussels secured a tariff reduction for cars exported to the United States but failed to win a reprieve for its cherished wine sector. US President Donald Trump and EU Commission President Ursula von der Leyen clinched a framework accord in July for most EU exports to face a 15% US levy.
However, many aspects remained unclear, as the European Union sought to win carve-outs for some sectors and Trump threatened higher tariffs on others. A joint statement on Thursday brought some clarity, although negotiations are not over, as the EU said it would seek more tariff reductions.
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Tariffs: EU hands Trump a political win to avoid trade chaos
