On August 21, 2025, the U.S. and EU announced a new trade agreement. It outlined adjustments to tariffs on certain EU products, including automobiles and auto parts, aircraft and aircraft parts, unavailable natural resources, and generic pharmaceuticals and related ingredients.
A federal register notice released today outlines the following:
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August 1, 2025 – Tariff modifications for automobiles and auto parts to 15%.
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September 1, 2025 – Adjustments to reciprocal tariffs and tariffs on aircraft and aircraft parts.
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Official implementation date for all changes is September 25, 2025.
For more details on product HTS codes please reference CSMS#66336270. And for help calculating tariffs by product HTS code, assistance with internal reviews, or compliance program support, please reach out to M-PACT consulting.