U.S. and EU Reach Trade Deal

Ensuring your shipments pass through complex U.S. Customs systems without a hitch, GSM International makes it our business as experts on import laws to make this process simple, seamless, and effective.

According to various news reports, President Trump and European Commission President Ursula von der Leyen on Sunday, July 27, announced that the U.S. and European Union (EU) have reached a trade deal.

While more details are anticipated, here is what’s known so far:

The EU will buy $750 billion worth of U.S. energy, invest $600 billion in the U.S., and acquire additional U.S. military equipment.
The EU will lower its tariffs on U.S.-origin goods to 0%, while the U.S. will apply a 15% tariff, instead of the originally prescribed 30% tariff, on EU-origin goods, including automobiles.

Steel and aluminum from the EU will remain subject to a 50% tariff upon entry into the U.S.

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GSM assists importers and exporters in navigating the complexities of international trade, ensuring compliance with customs regulations, and facilitating the smooth flow of goods. We provide clarity in a world of trade complexity so that businesses can grow further, faster, and smarter. with the record of winning many campaigns under many challenging circumstances. Hire Us for any of your business needs.

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