EU lawmakers are expected to back a deal but will want to implement safeguards
EU lawmakers are set to vote on the bloc’s tariff deal with US president Donald Trump today, after months of delays caused by uncertainty affecting transatlantic trade amid his repeated threats against Greenland and, more recently, Spain.
The parliament will vote on whether to cut EU tariffs on some US imports – as a first step towards implementing the 2025 deal – but with additional safeguards, AFP said.
Lawmakers leading on trade have added several provisions: making an EU tariff reduction automatically lapse in March 2028, and tying tariff cuts on steel and aluminium goods to similar reductions by the US side, it explained.
EU’s economy commissioner Valdis Dombrovskis argued this morning that the deal with the US “steadied our trade relationship at a time of profound upheaval” and provided “predictability for European companies and consumers when they needed it most.”
