EU member states formally adopted legislation on June 25, 2026, to scrap import duties on a range of American industrial goods. The move completes the bloc’s side of a transatlantic trade agreement that was hammered out nearly a year ago.
The deal, initially agreed upon in July 2025, also grants preferential market access to US agricultural and seafood products.
What the deal actually does
The EU is eliminating duties on US industrial goods entering the European market. Beyond industrial goods, the legislation extends preferential access to US agricultural products and seafood. Lobster imports from the US will continue to enter duty-free. American pork producers also get favorable treatment under the new framework.
In return, the US has agreed to cap tariffs on most EU goods at 15%.
