EU reaches provisional deal on US tariffs

WorldBusiness & Finance
20 May 2026 • 9:49 AM MYT
DPA International
DPA International

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Image from: EU reaches provisional deal on US tariffs
FILE PHOTO - European Union flags fly in front of the Berlaymont building in Brussels. (zu dpa: «EU reaches provisional deal on US tariffs») Alicia Windzio/dpa

Representatives of EU member states and the European Parliament have reached an agreement on the implementation of the controversial tariff deal with the United States.

The Cypriot EU Council presidency said early on Wednesday that negotiators "have just reached a provisional agreement on two regulations enacting the EU's tariff reductions set in the EU-US Joint Statement."

Under the pressure of recent threats by US President Donald Trump, EU representatives agreed overnight to, among other things, eliminate remaining customs duties on US industrial goods.