Source: Mollie D. Sitowski, Partner at Faegre Drinker Biddle & Reath LLP. Last updated: July 12, 2025  

On Saturday morning, President Trump announced proposed 30% tariffs on EU imports, effective August 1, via Truth Social. This follows earlier proposals for Canada (35%) and copper (50%), and floated rates for pharmaceuticals and semiconductors still pending official confirmation.

Confirmed:

• EU tariff proposal: 30% starting August 1

• Section 232 tariffs on aluminum, steel, and auto parts remain in effect

• UK is the only country with an official deal (10%)

⚠️ Still Unclear:

• No Executive Orders yet for copper, pharmaceuticals, or semiconductors

• Transshipment enforcement measures hinted at, but details missing

• Additional 232 investigations include wood, trucks, and aircraft

This update was prepared in collaboration with our trusted legal partners at Faegre Drinker Biddle & Reath LLP. Special thanks to Mollie Sitkowski, Partner, for her ongoing guidance and detailed analysis.