• European lawmakers and governments are making progress in negotiations to finalize an agreement to remove tariffs on imports from the US, but work is not yet done, said Bernd Lange, chair of the European Parliament’s trade committee.
  • Negotiators will meet again on May 19 for the next round of talks.
  • Trump threatened to increase tariffs on EU vehicle imports to 25% because the EU is not complying with the agreement terms.
  • Many EU member states want to avoid this threat and advocate for rapid implementation of the law to remove tariffs on US industrial goods.
  • Nine months after the agreement was reached, the European Parliament and Council have not yet agreed on a common text.

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