EU reaches provisional trade deal with US, removing import duties on American industrial goods. The agreement, negotiated since last July at Trump's Scottish resort, aims to prevent escalating tariffs on European products and stabilize transatlantic commerce. Under the framework, the EU eliminates duties on US goods while granting preferential access to American farm and seafood products. In return, the US will impose fifteen percent tariffs on most EU goods. The European Parliament and Council have now approved the legislative text after nearly ten months of negotiations. Safeguards are included to protect European interests if commitments are not upheld. This deal prevents what could have been a damaging trade war, protecting millions of jobs across both continents and providing a more stable foundation for future EU-US trade relations.
