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US formally lowers EU tariff rate on cars to 15 percent

( September 24, 2025, 17:16 GMT | Official Statement) -- MLex summary: The Office of the US Trade Representative published a notice to formally lower the tariff rate on cars and car parts from the European Union to 15 percent as part of commitments to a trade deal reached over the summer. The notice is retroactive, allowing imports from Sept. 1 to collect the lower duty rate.See attached file....

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