EU approves US trade deal to avert Trump tariffs

Published June 16, 2026 10:35am ET | Updated June 16, 2026 10:35am ET



The European Union approved legislation to enact its trade deal with the United States on Tuesday, more than two weeks before President Donald Trump would have imposed higher tariffs on the 27-nation bloc if the pact hadn’t taken effect.

European lawmakers had until July Fourth, the day of America’s 250th birthday, to finalize their side of the trade deal. Otherwise, Trump would have levied 25% tariffs on EU car imports.

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