The EU Council has formally adopted two regulations implementing the tariff-related commitments set out in the EU-US Joint Statement of 21 August 2025.
The EU’s Generalised Scheme of Preferences (GSP) is a trade policy tool that reduces or removes import duties on goods from developing countries, helping European businesses access cheaper raw materials and products while supporting sustainable development abroad.
The EU and Ukraine will enjoy an enhanced, stable, fair and permanent trade framework as from 29 October, as the EU-Ukraine Deep and Comprehensive Free Trade Area (DCFTA) enters into force.
The EU Commission has set out a proposal to protect the EU steel sector from unfair impacts of global overcapacity, reducing tariff-free import volumes by nearly half and doubling the level of out-of-quota tariffs to 50 per cent.
43% of the total number of cars imported into the EU in 2024 were electric or hybrid, according to figures release by Eurostat, while their share of EU exports was 28% of the total.
Today, National Ministers discussed how to end the use of unjustified territorial supply constraints during the Competitiveness Council. Territorial supply constraints increase prices and limit product choice, meaning some consumers are paying more than others across the EU.
Following political agreement on 13 July, the EU and Indonesia have finalised negotiations for a Comprehensive Economic Partnership Agreement and an Investment Protection Agreement.
