The European Parliament on Tuesday approved a US-EU trade agreement, clearing the way for implementation pending final approval by EU member states expected June 26. Under the pact the EU would lift tariffs on US industrial goods and some agricultural products; the US agreed to cap tariffs on EU products at 15%. The vote follows renewed US tariff threats from Trump over France’s digital tax—he warned he would raise US auto tariffs if the EU failed to ratify by July 4. Disputes over metal tariffs

2026-06-16

The European Parliament on Tuesday approved a US-EU trade agreement, clearing the way for implementation pending final approval by EU member states expected June 26. Under the pact the EU would lift tariffs on US industrial goods and some agricultural products; the US agreed to cap tariffs on EU products at 15%. The vote follows renewed US tariff threats from Trump over France’s digital tax—he warned he would raise US auto tariffs if the EU failed to ratify by July 4. Disputes over metal tariffs and technology regulation remain unresolved and could prompt further escalation.