EU to Accept Trump Tariff Deal
[ABS News Service/18.06.2026]
Reuters
news service reported that the European Union is poised to implement the import
duty cuts it agreed with US President Donald Trump last year, averting at least
for now another eruption of tariff conflict between the world's largest trading
partners.
The
European Parliament will vote on Tuesday on legislation to fulfil the EU's side
of the trade deal struck nearly 11 months ago at Trump's Turnberry golf course
in Scotland.
A
clear majority is expected to back the agreement that includes the removal of
EU duties on US imports and broad US tariffs of 15 percent.
Industry
has urged the lawmakers to back the deal and European automakers, particularly
hard hit by tariffs, are already making preparations on its basis. The
Turnberry deal removes a 10 percent EU import duties
on US cars.