The European Union moved closer to fully implementing its trade agreement with the United States after negotiators from the European Parliament and EU member states reached a late-night compromise, easing fears of a new tariff escalation threatened by US President Donald Trump. The agreement came after months of political disputes inside the bloc and growing pressure from Washington.

EU governments and the European Parliament are set to discuss the implementation of the EU-US trade deal again, amid threats of higher tariffs from Trump. As the clock is ticking,…

The EU hopes Tuesday to strike a deal towards implementing its nearly year-old trade pact with the United States -- with an increasingly impatient Donald Trump threatening steep…