EP Approves EU-US Tariff Deal

EP approves EU-US tariff deal

The European Parliament has approved a tariff deal with the US, limiting duties on EU exports to 15%. Critics labeled the agreement 'unbalanced and unfair.'. Source

MEPs approve EU-US trade deal despite Trump's new trade war...

The European Parliament voted on Tuesday to adopt the EU-US deal struck last summer by US President Donald Trump and European Commission President Ursula von der Leyen in Turnberry, Scotland. The final greenlight needed to implement the agreement comes as Trump threatened on Monday to impose tariffs on French wine and champagne if Paris did not remove its digital tax on US Big Tech, according to Euronews. However, Trump's latest threats of a tra…

EU fast-tracks US tariff deal, adds three Trump safeguards

The European Union has rushed through a US-EU tariff agreement after US President Donald Trump demanded that Brussels complete the deal by July 4, the 250th anniversary of US independence, or face higher 25% tariffs on auto and auto parts imports. According to media reports, the European Parliament recently held an emergency vote to approve the agreement, while the EU simultaneously added three safeguards to guard against the risk of renewed tar…

EU Parliament Backs Turnberry Tariff Deal

The European Parliament on Tuesday approved two regulations implementing the EU's tariff commitments under the 2025 Turnberry agreement with the U.S., clearing the way for the deal's entry into force while providing Brussels with tools to respond if Washington fails...