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AustriaEconomy5 days ago

Green light for implementation of the customs agreement with the USA

The European Parliament has approved the implementation of a trade agreement between the EU and the United States, which includes temporarily removing tariffs on U.S. industrial goods such as cars and machinery. The next step requires formal approval from the Council of EU member states, expected by July 4th. The tariff removal will take effect upon enactment of the law and expire on December 31, 2029. This agreement was reached between European Commission President Ursula von der Leyen and former U.S. President Donald Trump last August, with Trump agreeing to impose a maximum 15% tariff on EU

Online seit heute, 12.45 Uhr

Die Umsetzung der Zollvereinbarung zwischen der EU und den USA aus dem vergangenen Jahr hat die letzte politische Hürde genommen: Das Europaparlament stimmte heute in Straßburg dafür, europäische Zölle auf US-Industriewaren wie Autos und Maschinen zeitweise abzuschaffen.

Der Rat der EU-Länder muss nun formal grünes Licht geben, das dürfte vor einer von US-Präsident Donald Trump gesetzten Frist am 4. Juli abgeschlossen sein.

Die Zollabschaffung soll mit Inkrafttreten des Gesetzes greifen und am 31. Dezember 2029 auslaufen. Sie ist das Kernstück der Vereinbarung zwischen EU-Kommissionspräsidentin Ursula von der Leyen und Trump vom vergangenen August. Der US-Präsident versprach im Gegenzug, auf die meisten EU-Produkte maximal einen Zoll von 15 Prozent zu erheben.

Read the full article at ORF News →
Source document: European Parliament

1 reports

ORF NewsState / PublicCenter5 days ago
Green light for implementation of the customs agreement with the USA

The European Parliament has approved the implementation of a trade agreement between the EU and the United States, which includes temporarily removing tariffs on U.S. industrial goods such as cars and machinery. The next step requires formal approval from the Council of EU member states, expected by July 4th. The tariff removal will take effect upon enactment of the law and expire on December 31, 2029. This agreement was reached between European Commission President Ursula von der Leyen and former U.S. President Donald Trump last August, with Trump agreeing to impose a maximum 15% tariff on EU

Bias read (Center): The article presents the facts of the parliamentary vote and the terms of the agreement without overtly favoring either side. It provides details about the agreement’s structure, timeline, and key figures involved but does not include subjective commentary or biased language.

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