The European Union has given final approval to a trade pact with the US, eliminating remaining customs duties on industrial goods in exchange for a 15% tariff.

The European Parliament voted 440-151 to ratify the US-EU trade deal, capping tariffs at 15% on EU exports ahead of Trump's July 4 deadline.

European Union governments have greenlit legislation to eliminate import duties on numerous U.S. products, honouring a trade pact with President Trump and averting further trade…