US new trade tariffs and EU-US Joint Statement

Following months of uncertainties, the Trump administration announced at the end of July the trade duties which would be applicable for imports into the United States from most of their trading partners from 7 August 2025. 

While bilateral negotiations continue and most countries have not yet announced what counter measures, if any, may be applied, we have tried to summarise what may change for the major US trading partners for tomato products, based on volumes traded in 2024.

NB: As the situation seems to be evolving daily, these tables may quickly become out of date

EU-US Joint Statement on Transatlantic Trade and Investment

On 21 August, the European Commission and the United States published a Joint Statement (see here) on their new trade framework agreement, together with a detailed Q&A (see here). This is a political agreement, not yet implemented, but it already sets out the direction of travel for future transatlantic trade policy. The statement confirms that exports of processed foods, including tomato products, from the EU to the US will remain subject to a 15% tariff (US applies the higher tariff between the 15% and the MFN), with  no indication to date that an exemption or special treatment is under discussion. On the other hand, the EU has made a significant political commitment as it intends to liberalise tariffs on a wide range of US agricultural and food products, including processed fruits and vegetables and processed foods, which would include tomato products. At this point, the framework remains political as legislative proposals will still need to follow but it is worrying the European food and drinks industry, including tomato processors.

We will be following the evolution of the situation as the EU and other US trade partners announce their countermeasures or new bilateral agreements are published.