EU-US tariffs: a 15% compromise, but luxury goods, cosmetics, and wine remains unclear Europe The framework agreement reached on July 27 between Trump and von der Leyen imposes tariffs of 15% on European exports. While aerospace and spirits are expected to be exempt, the extra costs for pharmaceuticals, wines, cosmetics and luxury goods is unclear. In return, the EU committed to massive investment in America and increasing imports from the U.S.A.
Waste: Brussels wants binding targets for textiles and food Europe European deputies voted in July to ban the destruction of unsold clothing and electronics and the E.U. unveiled a new draft directive. This aims to reduce food waste in stores by 30% and to make textile manufacturers pay for discarded / unsold clothes.
