Overview
- MEPs approved their position on two Turnberry laws with votes of 417–154–71 and 437–144–60, sending the file into talks with EU governments on the final texts.
- The package would remove most tariffs on U.S. industrial goods and grant limited preferences for some U.S. fish and farm products if the laws are enacted.
- Lawmakers strengthened a suspension tool that lets the European Commission halt preferences if the U.S. sets duties above a 15% ceiling or otherwise breaches the deal.
- A sunrise clause delays any EU concessions until the U.S. lowers tariffs on EU goods with under 50% steel or aluminium content to 15% or less, with EU preferences on U.S. steel and aluminium ending after six months if higher duties persist on goods over 50% content.
- The text sets a 31 March 2028 sunset that would require a new law after an impact review to extend the regime, and it tasks the Commission to monitor imports and pause preferences if surges, such as a 10% jump, threaten EU industry.