EU lawmakers and member states reached a deal in the early hours of Wednesday to implement the bloc's nearly year-old trade pact with the United States, with President Donald Trump threatening new tariffs unless it is done by July 4th.
The 27-nation bloc struck an accord with Washington last July setting levies on most European goods at 15 percent, but to Trump's frustration it had yet to make good on its pledge to scrap levies on most US imports in return.
Negotiators from the EU's parliament and capitals wrangled late into the night, finally emerging several hours after midnight with news of an agreement to move forward.
"This means we will soon deliver on our part," EU chief Ursula von der Leyen said as she welcomed the agreement and called for the implementation process to be finalised quickly.
"Together, we can ensure stable, predictable, balanced, and mutually beneficial transatlantic trade," von der Leyen said in a social media post.
