The European Parliament approved the implementation of a much-debated EU-US tariff deal by a large majority on Tuesday.
"Under considerable pressure, we secured important guardrails to keep European interests on track," said the chair of the parliament's trade committee, Bernd Lange.
"One thing is certain: We will stay on it and keep a close watch on the implementation," he said.
US President Donald Trump and European Commission President Ursula von der Leyen agreed to limit US tariffs on most EU products to 15% in August 2025. In return, the EU committed to scrapping tariffs on US industrial goods and easing market access for US agricultural products.
Many legal details remained unspecified at the time, kicking off legislative proceedings in the European Union on how the deal is to be implemented in the bloc.
The European Parliament and EU countries also agreed several measures aimed at protecting European economies.
These measures include the decision to end the tariff preferences on December 31, 2029, unless extended.
The agreed safeguards also allow the European Commission to suspend tariff preferences if Washington fails to reduce tariffs on EU steel and aluminium derivatives to 15% by the end of 2026, the European Parliament said.
The parliament also voted in favour of prolonging tariff-free imports of US lobster and processed lobster to the EU.
EU member countries are expected to swiftly back the deal's implementation so that the legislation can enter into force by July 4 at the latest.
Trump had threatened the EU with higher tariffs should the deal not be ready for implementation on Independence Day, the US national holiday celebrated on July 4.
