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The EU and the US have agreed on a new tariff framework that aims to restore trade stability and avoid a looming escalation in duties. The deal offers predictability for businesses on both sides of the Atlantic at a time when global supply chains remain vulnerable and geopolitical tensions continue to reshape international commerce.

From 15 July to 6 August 2025, the EU has suspended retaliatory tariffs on US-made goods - originally imposed in response to US import duties on EU products. This pause is driven by renewed efforts to negotiate a trade resolution.

According to the Estonian income tax legislation, the fringe benefit taxation applies to loans granted below the fair market value interest rate to the employee or member of the board or council, except if the interest at the moment of the payment of interest is at least twofold of the interest rate of the European Central Bank applicable to the main refinancing operations. From 1 July 2025, the referred twofold amount of interest rate has decreased from 6,3% to 4,3%.

The Estonian Parliament adopted on 18 June 2025 further tax changes prepared by the Government, according to which the security tax will be abolished, but the VAT rate will still be raised to 24% from 1 July 2025 and the income tax rate will be increased also to 24% from 1 January 2026.