European Parliament Approves EU-US Trade Deal Ahead of Trump Deadline
The European Parliament approved a trade agreement between the EU and the US on June 16, 2026, just before a July 4 deadline set by President Trump. The deal, originally struck in July 2025, involves the EU cutting duties on US imports and imposes a 15% tariff on most EU goods and vehicles.
The European Parliament approved a trade deal between the European Union and the United States on June 16, 2026. The agreement was originally struck in July 2025 and involves the EU cutting duties on US imports, while maintaining a 15% tariff on most EU goods and vehicles. The approval came just before a July 4 deadline set by US President Donald Trump for the EU to meet its side of the deal. Trump had previously threatened new or increased tariffs on European vehicles if the agreement was not approved.
According to the Guardian, the European Parliament approved the deal with two main provisos. The South China Morning Post reported that the approval was intended to avert a new round of tariff conflict. The EU and US are finalizing a significant trade agreement after months of drama and delays. The European Parliament approved the tariff deal with Trump under pressure from the US administration.
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