European Parliament: Agreement Reached to Put EU-US Trade on a More Stable Footing
May 20, 2026
May 20, 2026
BRUSSELS, Belgium, May 20 -- The European Parliament posted the following news release:
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Agreement reached to put EU-US trade on a more stable footing
* Sunset clause: tariff preferences set to expire on 31 December 2029, unless renewed
* Clear conditions set on reduction of tariffs on steel and aluminium derivatives
* Safeguard mechanism to protect EU industry and agricultural sector
*
On Wednesday m . . .
* * *
Agreement reached to put EU-US trade on a more stable footing
* Sunset clause: tariff preferences set to expire on 31 December 2029, unless renewed
* Clear conditions set on reduction of tariffs on steel and aluminium derivatives
* Safeguard mechanism to protect EU industry and agricultural sector
*
On Wednesday m . . .