The European Parliament approved the US-EU trade deal in late March, with conditions. However, internal procedures within the bloc require negotiations with member states before it can be formally implemented.
In the Turnberry agreement, the EU committed to removing tariffs on most American imports, in exchange for capping Trump’s tariffs on European products at 15%. President Trump expressed his patience in waiting for the EU to fulfill its part of the deal, which he referred to as the “biggest trade deal ever reached.”
The US will celebrate the 250th anniversary of its Declaration of Independence on July 4th. Trump had threatened the EU with new tariffs on cars and trucks exported to the US. In response, Brussels reiterated its commitment to the agreement and stated that Washington had been kept informed throughout the legislative process.
Discussions between the EU’s 27 members and the European Parliament regarding the US trade deal have progressed, but no final agreement has been reached yet. Cyprus, holding the rotating EU Council presidency, reported progress on several issues and expressed a desire to continue the positive momentum in negotiations with MEPs on May 19th.




