Brussels nods to US deal as MEPs seek more assurances

The European Parliament has moved forward with legislation linked to the EU–US trade agreement, following months of uncertainty. The uncertainty was driven largely by President Donald Trump’s threats to impose tariffs and new import levies.

Members of the European Parliament (MEPs) approved the proposal by a large majority, while also incorporating additional safeguards. These are understood to reflect concerns that Washington may not fully comply with the terms of the agreement reached last year in Turnberry, Scotland.

The legislation provides for the abolition of tariffs on US industrial products and improved access for US agricultural goods to the European market. It also maintains the zero tariff on lobster imports agreed by both sides in 2020.

However, the process is not yet complete – negotiations between MEPs and member states on the final text are continuing.

A final vote is expected in April or May this year.

(reuters, pir)