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Home > Marketplace Morning Report > Trump tones down tariffs on European imports
Podcast: Marketplace Morning Report
Episode:

Trump tones down tariffs on European imports

Category: Business
Duration: 00:06:35
Publish Date: 2025-08-22 11:30:00
Description:

From the BBC World Service: A trade agreement between the United States and the European Union means that U.S. tariffs on imported European goods will be significantly lower than previously thought. The U.S. will cap tariffs on European cars, pharmaceuticals, and semiconductors at 15%. That's a huge decrease from prior threats of levies as high as 250%. Plus, it's the Edinburgh Festival Fringe in Scotland, showcasing drama, comedy, and music. The tourism provides an economic boost, but also makes things pricier. How are folks there dealing?

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