EU negotiators fail to agree on US trade deal
politico.eu • • nation
Key Points:
- Talks between EU lawmakers and governments on implementing a U.S.-EU trade deal ended without an agreement, raising the risk of U.S. tariffs on European automakers as threatened by President Trump.
- The EU has yet to pass legislation to enact the trade accord reached last July, frustrating the U.S. and increasing pressure on the European Commission to finalize the deal.
- EU lawmakers, concerned by Trump’s earlier threats and reassessing the deal’s terms, have proposed additional conditions that have stalled progress, including suspending the deal if the EU’s territorial integrity is threatened.
- U.S. Ambassador Andrew Puzder warned that the U.S. may impose 25 percent auto tariffs soon if no quick agreement is reached, putting the future of the trade deal at risk.
- Negotiators plan to meet again in mid-May aiming for a final compromise by July, but U.S. officials say this timeline may be too late to prevent tariff impositions.
