Welcome to European Union Tariff News and Tracker, where we break down the latest developments in US-EU trade tensions under President Trump. US tariffs on EU goods stand at a reciprocal rate of 15 percent, the highest effective rate since 1946 amid broader hikes pushing the US average to 10.1 percent after behavioral adjustments like reduced imports. Wiss.com details this as part of country-specific rates, with the EU at 15 percent alongside steel and aluminum at 50 percent, autos at 25 percent, and exemptions under the Turnberry framework deal from August 2025. That pact, announced in July 2025, caps US tariffs on EU exports at 15 percent while the EU pledged zero tariffs on US goods, including industrial products, seafood, and lobster. Tensions peaked January 17 when Trump threatened 25 percent tariffs on eight EU nations—Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland, and even Great Britain—over Greenland acquisition talks, prompting the European Parliament to freeze the deal. Supply Chain Dive reports Trump rescinded the threats by January 21, leading the Parliament's International Trade Committee on February 4 to resume implementation, eyeing a vote by February 24. Bernd Lange, committee chair, stressed advancing tariff removals provided the US honors territorial sovereignty. The European Commission extended suspension of its retaliatory duties on US goods—originally targeting steel, autos, and worth up to 93 billion euros or $109 billion—for another six months to August 6, per Flexport's global update and CGTN. This covers aircraft, medical devices, and machinery in potential countermeasures, as the EU consults on responses to US reciprocal and sectoral tariffs. Flexport notes the US implemented the 15 percent minimum on EU goods last August, with remaining provisions now unfrozen. CFR tracks this mirroring deals like Japan's, exempting aircraft, pharma, and resources, plus EU commitments for $600 billion in US investments through 2028 and energy buys. Trade Compliance Resource Hub confirms a February 2 reciprocal rate reduction to 18 percent for some, but EU holds at 15 percent baseline. While EU lawmakers weigh retaliation, de-escalation signals hope for smoother transatlantic trade. Thanks for tuning in, listeners—subscribe for weekly updates. This has been a Quiet Please production, for more check out quietplease.ai. For more check out https://www.quietperiodplease.com/ Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q This content was created in partnership and with the help of Artificial Intelligence AI