The lower US tariffs on cars imported from the EU will have to wait, at least for now.

The EU-US trade agreement is poised to cut the US import tax on cars from the EU from 27.5% to 15%. However, details released Thursday reveal that the lower rate won’t take effect until the EU takes separate action to reduce its own tariffs on US goods.

“These tariff reductions are expected to be effective from the first day of the same month in which the European Union’s legislative proposal is introduced,” said the latest specifics of the trade agreement released by both the EU and US.

This is another example of the ever-changing trade rules this year between the United States and its major trading partners which will impose additional costs on American businesses that import goods and likely eventu

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