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European Parliament committee votes to scrap US tariffs
Key takeaways
- US President Donald Trump has threatened to slap higher tariffs on European goods if the EU misses a July 4 deadline to approve a trade deal with Washington.
- The tariff cuts are key to complying with a US-EU trade deal that was agreed in July last year and averting the return of a trans-Atlantic trade row.
- US President Donald Trump gave the bloc until July 4 to ratify the deal or face higher tariffs on European goods.
Why this matters: an international story with cross-border implications worth tracking.
US President Donald Trump has threatened to slap higher tariffs on European goods if the EU misses a July 4 deadline to approve a trade deal with Washington.
https://p.dw.com/p/5Ei2ZThe trade deal still needs to be formally approved by the European Parliament in mid-June Image: Thierry Charlier/Getty Images Advertisement A European Parliament committee voted overwhelmingly on Tuesday to remove EU import duties on a raft of US goods.
The tariff cuts are key to complying with a US-EU trade deal that was agreed in July last year and averting the return of a trans-Atlantic trade row.
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