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Trump administration confirms 15% tariff on cars and components being implemented

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Posted By: The Corner 25th September 2025

Norbolsa | The Trump administration announced yesterday that it was formally implementing the trade agreement with the European Union, confirming that the 15% tariff rate established for cars and components began on 1 August, listing a series of exceptions for generic pharmaceuticals, aircraft and aircraft components.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.