A new trade deal between the United States and the European Union has been reached, which includes the elimination of tariffs on semiconductor capital equipment imports from the European Union. This development is a significant positive for ASML, a major EU-based supplier.
The agreement imposes a 15% baseline tariff on other products imported from the bloc, but semiconductor equipment is now exempt. This tariff relief reduces potential cost burdens and market friction for ASML's sales to the U.S.
This marks a turning point for ASML, whose shares had previously dropped due to tariff-related concerns. The removal of these tariffs is expected to improve ASML's competitive position and operational clarity in the U.S. market.
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