The European Parliament approved on Tuesday cutting duties on many US goods imports to fulfil the European Union ’s side of a trade deal struck last year, and avert a new round of tariff conflict between the world’s largest trading partners.
US President Donald Trump struck a framework deal with the European Union at his Turnberry golf course in Scotland last July under which the EU agreed to remove import duties on US industrial goods in return for tariffs of 15 per cent on most EU goods.
Almost 11 months later, the EU has yet to implement the import duty cuts, prompting Trump to threaten “much higher” tariffs unless the EU took action by July 4.
The EU should meet that deadline after its assembly cleared the last significant legislative hurdle. It also extended duty-free imports of US lobsters, a mini-deal struck with Trump in his first term as president.
“A deal is a deal – and the EU is delivering its part,” European Commission President Ursula von der Leyen said on social media.
US President Donald Trump shakes hands with European Commission President Ursula von der Leyen after an announcement of a trade deal between the US and EU in Turnberry, Scotland, on July 27, 2025. Photo: Reuters
EU countries are now expected to give their final nod on June 26, the last step in a fitful, year-long ratification process.
Read the full article at South China Morning Post →📄Source document: Prime Minister Mark Carney's statement at G7 summit→2 reports
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South China Morning PostParty-alignedCenter5 days ago EU bows to Trump pressure on tariffs but warns of future chaosThe European Parliament approved reducing import duties on U.S. goods to fulfill its part of a trade deal negotiated with the United States under former President Donald Trump. The agreement, reached in July 2023, required the EU to lower tariffs on American industrial products in exchange for a 15% tariff on most EU goods. Although the EU had not fully implemented the changes by the original deadline, it is now set to complete the process by mid-June. The EU has also extended duty-free access for U.S. lobsters, a smaller concession made during Trump's first term.
Bias read (Center): The article presents the situation objectively without overtly favoring either the EU or the U.S. It reports on the actions taken by both parties, including the EU's compliance with the trade deal and Trump's pressure tactics. There is no evident bias in the language used or the selection of sources