The European Parliament has approved the tariff commitments under the trade agreement with the United States

The European Parliament has approved two legislative acts to implement the EU’s tariff commitments under the framework trade agreement with the United States, which was signed in August 2025. The first document eliminates tariffs on American industrial goods and provides preferential access for agricultural and fishery products, while the second expands duty-free imports of lobsters. 

The trade preferences for industrial and agricultural imports are set to remain in effect until the end of 2029; however, the European Commission may suspend these preferences if Washington does not eliminate the tariff rate exceeding 15% on steel and aluminum from the EU by the end of 2026. 

A safeguard mechanism is also provided for: if European industry and agriculture are threatened by excessive import growth, the EC will launch a special investigation. These legislative acts must subsequently be officially approved by the Council of the EU, after which they will be published in the Official Journal to take effect.

This was reported by the European Parliament’s press service, according to “European Truth.”

U.S. President Donald Trump warned France about the risks of starting a new trade war and threatened to impose 100 percent tariffs on all imports of French wines and champagne. The American leader called this move the only option if the French government refuses to repeal its digital tax, which directly affects the interests of leading U.S. tech giants.

French President Emmanuel Macron declared his intention to hold a “respectful but firm” discussion with his American counterpart, Donald Trump, during a face-to-face meeting on the sidelines of the G7 summit. The upcoming talks were prompted by the U.S. leader’s public threats to impose 100 percent tariffs on imports of French wines and champagne.