US Edition
Head of EU Parliament Trade Committee Has ‘Doubts’ About Deal with US, Says It Could Be Amended
European Parliament's trade committee anticipates amendments to the U.S. trade deal amid doubts, with protections for sensitive farm products and €6.3 billion support for farmers noted.
- On July 27, Ursula von der Leyen and Donald Trump reached a trade agreement that sets a 15% tariff on certain European products while eliminating tariffs on American automobiles and industrial items entering the EU market.
- The deal followed rising trade tensions, legal challenges to Trump’s tariff powers, and demands from Trump increasing, as noted by EU deputies and a 3½-page joint statement leaving room for further talks.
- The agreement exempts aircraft, cork, and generic pharmaceuticals from tariffs, protects some EU farm products like beef with limited moderate tariffs, and includes 6.3 billion euros to support farmers from market disruptions.
- Committee chairman Bernd Lange expressed uncertainty about several aspects of the deal, anticipating possible changes during the legislative approval. Meanwhile, deputy Saskia Bricmont criticized the increasing number of demands coming from the Trump administration, questioning how far these requirements will continue.
- The deal has met mixed reception as business associations warn it imposes high costs impeding exports, the Socialists and Democrats oppose it, and Trump plans to appeal a court ruling limiting his tariff powers to the U.S. Supreme Court.
39 Articles
39 Articles
Associated Press News
Head of EU parliament trade committee has 'doubts' about deal with US, says it could be amended
The head of the European Parliament’s trade committee said he has doubts about some aspects of the EU’s trade deal with the Trump administration and predicted the deal could be amended during the legislative approval process.
Donald Trump threatens retaliation for EU rules for US tech companies, calling into question the 15-percent customs agreement with Brussels. What options does Brussels now have?
Europe’s tariff deal is the height of strategic incoherence
Apostolos Thomadakis is Research Fellow and Head of the Financial Markets and Institutions Unit at the Centre for European Policy Studies (CEPS), and Head of Research at the European Capital Markets Institute (ECMI). Europe’s choice to accept US tariffs while watering down parts of the Green Deal…
The European Parliament refuses to simply approve the trade agreement reached with the United States. "Why would we agree to a zero tariff on American motorcycles if the US is raising its own tariffs again?"
TLDR News EU — Why the US-EU Trade Deal is Already Breaking Down
After the EU agreed a deal with Trump that massively favoured the US just weeks ago, it's apparently already falling apart, with senior officials and blocs within the European Parliament coming out against it. So can this deal actually be salvaged? 📰 Too Long: https://toolong.news/ 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancin…
Coverage Details
Bias Distribution
- 82% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
