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European Parliament Backs U.S. Trade Deal With Safeguards

The vote sets up talks with EU governments to lock in safeguards against sudden U.S. tariff shifts.

Overview

  • EU lawmakers approved two measures to begin applying the 2025 pact that set most tariffs at 15% for EU goods, even as a 10% U.S. interim tariff now applies.
  • The package scraps EU duties on many U.S. industrial products and passed by 417–154 and 437–144 in separate votes.
  • The texts add guardrails, including a March 2028 sunset, a link to U.S. cuts on steel and aluminium, and a trigger tied to threats to EU territory such as the push to annex Greenland.
  • Parliament negotiators plan to meet EU countries as soon as April 13 to craft a final compromise before any tariff changes take effect.
  • Brussels is also racing to seal deals with Mercosur, India and Australia, as the U.S. ambassador warns delays could jeopardize favorable LNG access during a war-driven energy price spike.