Story · European Union
EU says Trump’s tariffs barely touch European companies — US importers foot the bill
A senior EU official stated that Donald Trump's 15-percent trade tariffs have had a negligible impact on European companies over the past year. Briefing reporters in Brussels on July 20, 2026, the official noted that European exports to the US have actually increased since the EU-US trade deal signed in July 2025. A second EU official emphasized that US importers, not European exporters, pay the tariffs, framing the issue as a matter between US importers and US authorities. The report suggests that Trump's tariff threats, often used as leverage in trade disputes, have caused minimal damage to EU firms.
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