The European Union’s lawmakers approved the final legislative step needed to implement its trade deal with the United States, clearing a path for what amounts to the most significant transatlantic trade realignment in years.

The European Parliament’s International Trade Committee voted 31 to 6, with 3 abstentions, in favor of the implementing measures on June 2, 2026. A full parliamentary vote is scheduled for June 16, setting up a summer timeline for the agreement to take effect.

What’s actually in the deal

The EU committed to eliminating most tariffs on US industrial goods, bringing them to 0%. The US, meanwhile, agreed to maintain a 15% tariff ceiling on certain EU exports.

The framework agreement was originally finalized on July 27, 2025, during meetings in Scotland between European Commission President Ursula von der Leyen and US President Donald Trump. A joint statement followed on August 21, 2025, laying out the implementation roadmap.