On June 16, the European Parliament held a final vote in Strasbourg, France, approving legislation related to the EU-US trade agreement. Following the procedure, the legislative text will be submitted to the EU Council for approval. On May 20, representatives from the European Parliament and the EU Council reached an agreement on the legislative proposal concerning the EU-US trade agreement, agreeing to implement tariff concessions on products imported from the US while strengthening related safeguards to protect the interests of the EU and its member states. Previously, US President Trump threatened to significantly increase tariffs on EU products imported into the US if the EU did not fulfill the agreement by July 4.
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European Parliament Votes to Approve EU-US Trade Agreement Legislation
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