European Parliament committee moves to cut US tariffs, averting a trade clash
European Parliament committee moves to cut US tariffs, averting a trade clash
ReutersTue, June 2, 2026 at 7:56 AM UTC
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European Parliament committee moves to cut US tariffs, averting a trade clash
BRUSSELS, June 2 (Reuters) - A European Parliament committee voted on Tuesday to remove EU import duties on many U.S. goods, a step to comply with the trade deal agreed with the United States last year and avert the return of transatlantic tariff conflict.
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The legislation still needs to be approved by the full EU assembly in mid-June, but the committee backing on Tuesday gives a strong indication of how that decisive vote will go.
(Reporting by Phil Blenkinsop;Editing by Sudip Kar-Gupta)
Source: “AOL Money”