European Union strikes provisional deal to cut US tariffs ahead of Trump’s deadline
The European Union has reached a provisional agreement to eliminate import duties on American goods as part of the Turnberry trade framework. This move is aimed at meeting the obligations set by the framework ahead of a looming tariff hike deadline imposed by President Trump. The agreement includes a 15% ceiling on US tariffs for most EU goods, contingent upon the EU's reciprocal actions.
- ▪The EU's provisional agreement is a step towards implementing the Turnberry trade framework.
- ▪The framework sets a 15% ceiling on US tariffs for most EU goods.
- ▪The EU must eliminate tariffs on US industrial exports to maintain the tariff cap.
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European Union strikes provisional deal to cut US tariffs ahead of Trump’s deadline The EU agreed to advance implementation of the 'Turnberry' trade framework, removing import duties on American goods as a July tariff hike deadline approaches. Share Add us on Google by Editorial Team May. 20, 2026 (function () { var s = document.currentScript; var wrapper = s && s.closest ? s.closest('.cb-sevioads-inarticle') : null; var inMobile = wrapper && wrapper.closest('#mobile-articles'); var inDesktop = wrapper && wrapper.closest('#desktop-articles'); if (inMobile || inDesktop) { var isDesktopVp = window.matchMedia('(min-width: 768px)').matches; var matches = (inMobile && !isDesktopVp) || (inDesktop && isDesktopVp); if (!matches) { var sevioDiv = wrapper.querySelector('.sevioads'); if (sevioDiv)…
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