EU–US trade: New tariffs take effect, softwood lumber exempt until November
A major shift in EU–US trade policy began on 7 August 2025, as the United States enforced new import tariffs on nearly all its trading partners, including the European Union. The change follows an Executive Order signed on 31 July 2025 by U.S. President Donald Trump. Under the order, a uniform 15% tariff now applies to most EU exports, covering industries from automotive to semiconductors. Timber is a special case. The Directorate-General for Trade of the European Commission confirmed that, regarding lumber, until the United States completes its Section 232 investigation—still ongoing—the tariff rate ...
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