EU Negotiators Seek Deal to Cut US Import Duties

EU officials meet Tuesday to finalize legislation removing duties on U.S. industrial goods to meet a July 4 deadline set by President Trump. The move aims to prevent higher tariffs on European cars while lawmakers debate safeguards to protect EU interests if the trade agreement is breached.

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European Union negotiators expect to agree on Tuesday to scrap import duties on industrial goods from the United States. The agreement finalizes a trade deal struck last July and avoids U.S. tariffs rising to 25% on European car exports. This removes a key source of transatlantic trade uncertainty heading into the second half of 2026.

Avoiding a July 4 Tariff Cliff

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