11 Hrs
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المشهد العربي
European Parliament approves US trade duty cuts
The European Parliament has approved a bill that reduces customs duties imposed on American goods, with an overwhelming majority of 440 votes in favor and 151 against. The aim is to eliminate tariffs on industrial goods and facilitate the export of agricultural products from the United States. The law grants the European Commission the authority to suspend these concessions if Washington breaches the agreement or imposes tariffs exceeding 15% on European steel and aluminum exports after 2026. This decision comes 11 months after the signing of the trade agreement between the two sides.
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