EU Lawmakers Clear US Trade Deal, Averting Trump Tariffs Before Final Ratification
Updated
Updated · Bloomberg · Jun 2
EU Lawmakers Clear US Trade Deal, Averting Trump Tariffs Before Final Ratification
3 articles · Updated · Bloomberg · Jun 2
Tuesday’s vote by the European Parliament’s trade committee gave preliminary approval to the EU-US trade deal, putting it on track for final ratification.
The committee’s backing came just days after EU negotiators resolved lingering disputes and finalized the text of the agreement.
The accelerated timetable is aimed at beating President Donald Trump’s threatened deadline to impose new tariffs, removing an immediate trade risk if the full approval follows.
With a sunset clause and strong suspension rights, has the EU actually outmaneuvered US tariff threats for long-term stability?
The EU pledged $750B for US energy. How does this massive fossil fuel deal align with Europe's ambitious climate change goals?