German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and Washington would still hurt.

Pharmaceutical companies are seeking clarification on tariffs imposed under the new US-EU trade agreement . Analysts caution that sector-specific punitive levies could jeopardise the entire deal, according to a CNBC report.

European companies face challenges with a new U.S. trade deal involving 15% import tariffs on EU goods. Key industries, including automotive and alcohol, experience stock dips, fearing lost competitiveness and higher costs.