The US has reduced tariffs on EU automotive products from 27.5% to 15% as part of a trade agreement, effective retroactively from August 1. EU Trade Commissioner Maroš Šefčovič expressed satisfaction with the implementation of commitments. However, negotiations on steel and aluminium tariffs, currently at 50%, are ongoing, with plans for further collaboration on overcapacity issues. Teljes cikk (Euronews.com)