EU Approves Trade Deal to Cut Tariffs on US Goods
The vote marks the next step toward implementing the tariff commitments outlined by Brussels and Washington in July 2025.
TL;DR
- EU lawmakers approved legislation for a trade agreement with the United States.
- The agreement aims to lower tariffs on a wide range of U.S. goods.
- The European Parliament approved two regulations tied to the trade agreement.
- Tariffs will be removed on U.S. industrial products.
- Preferential access will be granted to American agricultural and seafood exports.
- Tariff-free access for U.S. lobster imports will be extended.
- The arrangement will cover processed lobster products.