European Union negotiators are racing to finalise a transatlantic trade agreement with the United States, but divisions within the bloc over how to safeguard the pact from future policy shifts by US President Donald Trump remain a major obstacle.
Talks between the European Parliament, Council and Commission are focused on whether the EU should condition tariff cuts on US guarantees to cap duties on most European exports at 15 percent. Centre-left and liberal lawmakers are pushing for stronger safeguards, including delaying implementation until US tariffs on European steel and aluminium are reduced and adding an expiry clause ending the deal in 2028.
The European Commission and several member states, led by Germany, favour a faster approval process with fewer conditions, fearing retaliation from Washington. Trump has threatened new tariffs on European cars if no agreement is reached by July 4.
Brussels has proposed allowing the EU to suspend its own tariff concessions if the US fails to lower steel and aluminium duties by the end of 2026. A final parliamentary vote on the agreement is expected in mid-June.
via Politico
Updated 1015
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