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EU Eliminates U.S. Import Duties to Defuse Trade Tensions

By voting 440 to 151, the European Parliament has officially scrapped import duties on a range of American goods, ending nearly a year of stalled negotiations. The move fulfills a high-stakes trade agreement brokered during the Trump administration and serves as a strategic buffer against looming transatlantic tariff threats.

EU Eliminates U.S. Import Duties to Defuse Trade Tensions

The legislation targets various industrial products and secures a permanent duty-free status for U.S. lobsters. European lawmakers pushed the measure through to preempt explicit warnings from the former U.S. president, who had threatened to impose significantly higher tariffs if the bloc failed to act by July 4. This agreement remains binding until the end of 2029, though the EU retains the right to retract these concessions if U.S. compliance falters.

Following its publication in the EU’s official journal, the law marks a definitive shift in trade policy, prioritizing stability over protectionist friction. While the vote passed with a clear majority, the 151 dissenting voices highlight the lingering sensitivity surrounding transatlantic trade frameworks and the political pressure involved in navigating legacy agreements.

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