This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

The EU got its US trade deal; the devil will be in sectoral details

By Oscar Pandiello ( July 28, 2025, 14:45 GMT | Comment) -- The newly agreed EU-US trade deal will impose a 15 percent tariff on most EU exports, averting a broader tariff hike and easing four months of trans-Atlantic tension. But key sectors — including steel, aluminum, pharmaceuticals and semiconductors — remain unresolved. Steel will be subject to quota-based limits that have yet to be determined, while pharmaceuticals and chips remain under active US national-security review. A joint statement is being drafted to reflect the terms of the deal, but EU officials say it won’t be legally binding, and implementation will depend on follow-up actions by both sides.The EU's newly secured trade agreement with the US may halt escalating tariffs by introducing a 15 percent baseline on most exports. But unresolved sectoral issues could reignite tensions in the months ahead....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections