U.S. moves forward with promised EU auto parts, aircraft tariff cuts

The Trump administration has moved to implement its commitments under a tariff deal the U.S. and the European Union struck in July by cutting tariffs on European aerospace imports and capping those on European autos and auto parts at 15 percent. The Commerce Department and the Office of the U.S. Trade Representative on Wednesday released a draft Federal Register notice to implement the tariff cuts. The auto tariff cut -- down from the 25 percent rate for most U.S. auto...