By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: European Parliament ready to vote on EU-US trade deal by March
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > World News > European Parliament ready to vote on EU-US trade deal by March
World News

European Parliament ready to vote on EU-US trade deal by March

By Viral Trending Content 3 Min Read
Share
SHARE

After a long series of advances and setbacks, the controversial EU-US trade deal could soon be approved by the European Parliament.

Negotiators from the Parliament’s political groups met on Tuesday with Trade Commissioner Maroš Šefčovič to discuss the recent developments, and according to sources, they are set to strike an agreement in the next meeting on March 17. If so, the deal would be voted on two days later in the Committee on International Trade, eventually get the final green light by the Parliament’s Plenary on March 26.

Commissioner Šefčovič urged lawmakers on Tuesday to move ahead even after US President Donald Trump announced new tariffs that put the entire agreement’s terms in doubt.

The 10 percent duties on imports from US allies, including the EU, announced by Trump in February, froze the approval process, which had already been halted once due to Trump’s claims over Greenland.

The fresh tariffs came on top of duties that were already in place before Trump returned to power in 2025, which averaged 4.8 percent.

As a result, around 7 percent of European goods face tariffs above the 15 percent ceiling agreed last summer by European Commission President Ursula von der Leyen and Trump, with some products – such as cheese – being hit with duties as high as 30 percent.

The Parliament nonetheless decided to resume work, encouraged by the Trade Commissioner, but it has kept asking for clarity from the US administration on the topic.

After several meetings, the political groups’ negotiators seem ready to agree on a text to be voted on. It includes a “sunset clause”, which would see EU tariff relief expire at the end of March 2028, unless explicitly renewed, and a “suspension clause”, which would be activated in the event the US violates the deal’s rules.

The last details remain to be fine-tuned, including a “sunrise clause” proposed by the European People’s Party negotiator Jörgen Warborn.

“This clause makes sure that the deal doesn’t kick in before it is confirmed that all the elements of the deal are upheld”, he told Euronews, adding that the instability brought by the war in the Middle East makes this and other trade deals even more urgent.

You Might Also Like

Nepal arrests former prime minister and home minister over deadly ‘Gen Z protests’ crackdown

Researchers report promising progress toward oral insulin treatment

Ireland calls for carbon border tweaks amid fertiliser shortage in Euronews interview

Outrage is not enough: what actually builds peace

Watch: ‘No Kings’ movement is spreading — why are Europeans protesting?

TAGGED: Europe
Share This Article
Facebook Twitter Copy Link
Previous Article A Bullish Pennant Just Appeared On The Dogecoin Monthly Chart, Here’s What To Expect
Next Article Sei price prediction as L1’s financial stack accelerates
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Our Favorite Amazon Streaming Stick Is Almost Half Off
Tech News
Leafs Score Today: Latest Toronto Maple Leafs Game Result and Key Stats
Sports
US Stocks: S&P, Nasdaq end lower as investors weigh Middle East conflict outlook
Business
Sky price outlook as project diversifies revenue streams and yield strategies
Crypto
How much do you need in a Stocks and Shares ISA for a £10,000 second income?
Business
DNC Playbook Offers Self-Critique of Party’s Organizing Failures Ahead of 2026 Midterms
Politics
Midnight brings a new level of faction cooperation to WoW
Gaming News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Investing £5 a day could help me build a second income of £329 a month!

Brussels unveils plans for a European Degree but struggles to explain why

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
Trump evokes more anger and fear from Democrats than Biden does from Republicans, AP-NORC poll shows
March 28, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?