European Union prepares to cut U.S. import duties to avoid Trump tariff hike
The European Union is set to eliminate import duties on U.S. goods to adhere to a trade agreement and avoid potential tariff increases from President Trump. Negotiations are ongoing, with EU lawmakers seeking additional safeguards before finalizing the deal. A resolution is anticipated before the July 4 deadline imposed by Trump, with a vote expected in mid-June.
- ▪EU negotiators are expected to agree to scrap import duties on U.S. goods to comply with a trade deal.
- ▪President Trump has threatened to impose higher tariffs on EU goods if the trade deal is not implemented by July 4.
- ▪EU lawmakers are seeking tougher safeguards to protect against potential U.S. breaches of the agreement.
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European Union (EU) negotiators were expected to agree on Tuesday (May 19, 2026) to scrap import duties on U.S. goods to comply with the trade deal struck with the United States last year and ward off U.S. President Donald Trump's threat of much higher tariffs.Under the terms of the deal struck at Mr. Trump's Turnberry golf resort in Scotland last July, the EU agreed to remove import duties on U.S. industrial goods and grant preferential access to U.S. farm and sea produce.
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