The European Commission says it presumes the United States will impose a 15% tariff on most EU exports from Friday.

According to EU trade commissioner Maros Sefcovic, the work now turns toward implementing legislation to allow imports of the agreed U.S. goods. Only once that process begins will the U.S. lock in the reduced 15 percent car tariffs.

Postal services across Europe and Asia have paused U.S. deliveries ahead of new Trump administration tariff rules taking effect next Friday, Aug. 29.

Multiple postal services around Europe say they are suspending the shipment of many packages to the United States amid a lack of clarity over new import duties.

The EU’s exports to the U.S. declined in June and hit their lowest level since the end of 2023, according to statistics agency Eurostat.

The U.S. is eliminating its “de minimis” exemption, which let packages worth under $800 enter the country without duties.

Tariffs represent the largest near-term headwind to the eurozone this year as the region remains deeply connected to the US market.

On July 27, Ursula von der Leyen, the president of the European Commission and President Trump agreed to a deal that included a 15% tariff on most goods from the EU.

As the text of a trade agreement comes together, European Union negotiators haven’t persuaded the Americans to cut alcohol tariffs to zero.

Travelers could score discounts on high-end items like watches and clothing by buying overseas. However, the strategy comes with risks.