EU approves fee agreement with Washington before July 4

The European Union countries have approved the customs agreement with the United States, which stipulates a 15% tariff on most EU exports to America in exchange for exemption of American industrial goods from tariffs. The approval comes after a delay in implementation due to political and legal disagreements, with the agreement set to end in late 2029. This move strengthens transatlantic trade relations while ensuring the protection of European interests. The enforcement measures are scheduled to take effect one day after their publication in the Union’s Official Gazette.

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