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    Home»Business & Economy

    US Tariffs Increase Costs for EU Exporters

    Rachel MaddowBy Rachel MaddowSeptember 19, 2025 Business & Economy No Comments1 Min Read
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    The US imposed 50% tariffs on EU steel and aluminium in June, requiring proof of material origin for finished goods.
    Importers must now track steel and aluminium origins, creating extra costs on top of existing US tariffs.

    Industries Struggle with Complex Compliance

    The European Automobile Manufacturers’ Association said the “melt and pour” rule requires cooperation across multiple supplier tiers.
    Many suppliers lack origin information, making compliance extremely difficult and time-consuming.
    Parts containing steel, aluminium, and copper face multiple tariff categories, further complicating classification.
    In August, the US expanded tariffs to 407 more products, including machinery, wind turbines, fire extinguishers, and construction materials.

    Financial and Administrative Pressures Mount

    ACEA warned that tariffs now affect generic materials critical to automotive production, though car-specific items remain mostly exempt.
    Some automakers already face substantial financial impacts, and industry groups are still assessing overall costs.
    EU cars already pay 15% tariffs under the EU-US trade agreement signed in August.
    CECIMO said tariffs raise costs, create uncertainty, and increase administrative burdens for European exporters.
    The EU failed to secure exemptions for steel and aluminium but hopes to negotiate tariff quotas to ease export pressure.

    Rachel Maddow
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    Rachel Maddow is a freelance journalist based in the USA, with over 20 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. She earned her degree in Political Science and Journalism from Stanford University. Throughout her career, she has contributed to outlets such as MSNBC, The New York Times, and The Washington Post. Known for her thorough reporting and compelling storytelling, Rachel delivers accurate and timely news that keeps readers informed on both national and global developments.

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