{"id":48761,"date":"2026-05-21T06:53:39","date_gmt":"2026-05-21T06:53:39","guid":{"rendered":"https:\/\/www.europesays.com\/europe\/48761\/"},"modified":"2026-05-21T06:53:39","modified_gmt":"2026-05-21T06:53:39","slug":"eu-european-parliament-reach-tariff-deal-with-us","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/europe\/48761\/","title":{"rendered":"EU, European Parliament reach tariff deal with US"},"content":{"rendered":"

The Council of the European Union and the European Parliament have reached an agreement on tariffs as part of a trade deal with the United States, a Council press release says<\/a>.<\/p>\n

\"\"\/<\/a><\/p>\n

The agreement provides for the implementation of tariff-related elements of the EU-US Joint Statement of August 21, 2025.<\/p>\n

Under the framework, the US agreed to apply a maximum 15% tariff on European products, while the EU had not yet moved to remove tariffs on most US imports, a delay that had drawn criticism from President Donald Trump.<\/p>\n

The agreement aims to \u201cstrengthen stable and predictable transatlantic trade relations, while ensuring robust safeguards and maintaining flexibility to protect the EU\u2019s economic interests when necessary,\u201d the Council says.<\/p>\n

One regulation removes tariffs on US industrial goods and expands preferential access for US seafood and selected non-sensitive agricultural products through tariff rate quotas and reduced duties. A second regulation concerns lobster imports, extending tariff-free treatment for processed lobster.<\/p>\n

The deal also includes a safeguard mechanism allowing the EU to react if US imports surge and harm domestic producers, or if Washington fails to comply with the terms of the joint statement.<\/p>\n

In addition, the European Commission will be able to suspend tariff preferences on steel and aluminium if US tariffs remain above 15% on EU exports by the end of 2026.<\/p>\n

The agreement is set to expire at the end of 2029 unless renewed or replaced. The EU and US together account for nearly 30% of global trade and around 43% of global GDP, with bilateral trade reaching about \u20ac1.7 trillion in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"The Council of the European Union and the European Parliament have reached an agreement on tariffs as part…\n","protected":false},"author":2,"featured_media":48762,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2387],"tags":[258,29719,22494],"class_list":["post-48761","post","type-post","status-publish","format-standard","has-post-thumbnail","category-european-parliament","tag-european-parliament","tag-trade-deal-with-us","tag-trade-tariffs"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts\/48761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/comments?post=48761"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts\/48761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/media\/48762"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/media?parent=48761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/categories?post=48761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/tags?post=48761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}