European Parliament gives final approval to Trump tariff deal
The European Parliament has given its final approval to implement last July's tariff agreement with Donald Trump, moving the deal a step closer to formal adoption by EU leaders. The vote in Brussels came just days before a US deadline threat to raise tariffs if the agreement was not sanctioned by 4 July. Lawmakers backed the text with two main provisos, including a sunset clause that would make the deal expire on 31 December 2029 unless renewed.Under the agreement, the US applies 15% tariffs on most EU exports, while the EU has cut import duties on some US goods, some... [Continue Reading]
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