The European Union agreed early Wednesday morning to proceed with a provisional deal to remove import duties on U.S. goods, upholding a key part of the E.U.-U.S. trade deal as President Donald Trump’s July 4 tariff hike deadline looms. “A deal is a deal, and the E.U. honours its commitments,” European Commission President Ursula von der Leyen said on social media. “I welcome the agreement reached by the European Parliament and the Council on reducing tariffs for U.S. industrial exports to the E.U.”
“This means we will soon deliver on our part of the E.U.-U.S. Joint Statement, as promised. I now call on the co-legislators to move swiftly and finalise the process,” she continued. “Together, we can ensure stable, predictable, balanced, and mutually beneficial transatlantic trade.”
