EU Lawmakers Sign Off on Long-Awaited US Tariff Deal
Lawmakers backed the pact 440-151, and the agreement caps most EU goods at 15% while setting zero tariffs on U.S. industrial exports.
- On Tuesday, the European Parliament approved legislation implementing a trade agreement with the United States, cutting import duties and averting a new round of tariff conflict between the world's largest trading partners.
- President Donald Trump and European Commission President Ursula von der Leyen struck the original framework deal in July 2025 to reduce tensions in a relationship worth $2 trillion, though legal and political delays stalled progress for nearly 11 months.
- Lawmakers backed the deal with 440 votes in favor, introducing a 2029 sunset clause and safeguard mechanisms to protect European industry; a second measure extended duty-free U.S. lobster imports by 444 votes.
- VDA President Hildegard Mueller stated that "reliable operating conditions are of paramount importance" for the automotive industry, as the legislation awaits final approval from the EU Council before publication in the official journal.
- This approval positions the bloc to meet Trump's July 4 deadline, which threatened higher tariffs on European vehicles; the agreement includes a mechanism to suspend preferences if the U.S. imposes duties above 15% after 2026.
40 Articles
40 Articles
Fidias the only Cypriot dissenter as EU parliament approves US trade agreement
Independent member of the European parliament Fidias Panayiotou was the only Cypriot dissenter on Tuesday as the parliament green-lit two pieces of legislation which aim to ease trade between the European Union and the United States. Four of Cyprus’ six MEPs – Loukas Fourlas and Michalis Hadjipantela of Disy, Geadis Geadi of Elam, and Costas Mavrides of Diko – voted in favour of the two bills, while Akel’s Giorgos Georgiou was not present. The C…
EU approves US trade deal to avert Trump tariffs
The European Union approved legislation to enact its trade deal with the United States on Tuesday, more than two weeks before President Donald Trump would have imposed higher tariffs on the 27-nation bloc if the pact hadn’t taken effect. European lawmakers had until July Fourth, the day of America’s 250th birthday, to finalize their side of the trade deal. Otherwise, Trump would have levied 25% tariffs on EU car imports. The U.S.-EU framework ag…
European Parliament approves long-delayed EU-US trade agreement
The European Parliament on Tuesday gave its final backing to legislation implementing the European Union-United States trade agreement reached nearly a year ago, paving the way for tariff reductions while introducing safeguards aimed at protecting European industry and agriculture. Lawmakers adopted the main regulation by 440 votes to 151, with 50 abstentions, approving tariff-free access for all US industrial goods and preferential treatment fo…
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