18 June 2026

EU Parliament Gives Approval to U.S. Trade Deal

On Tuesday, 16th June 2026, the European Parliament approved legislation to implement the EU’s trade deal with the United States, ahead of a deadline set by U.S. President Trump that would have seen tariffs on cars increase, thus averting a new round of tariff conflict between the world's largest trading partners.

Lawmakers voted to approve changes to legislation to remove tariffs on U.S. industrial goods and some agricultural products — fulfilling the EU’s side of the agreement struck last July with the United States.

Washington had agreed to cap tariffs on most EU exports at 15 percent and to lower levies on European cars. Those changes took effect last fall.

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