EU gives final approval to
Photo: Jacquelyn Martin/AP/TT

EU gives final approval to new US tariffs

EU member states have now given their final approval to the tariff settlement with the US reached in the summer of 2025.

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The formal approval on Thursday means, in practice, that almost all EU goods will be subject to 15 percent import duties in the US.

The deal was reached after a meeting between Commission President Ursula von der Leyen and US President Donald Trump in Scotland last summer, but has been significantly delayed by European dissatisfaction with Trump's demands for Greenland and other trade threats.

"The EU can respond quickly and proportionately if the agreement is not respected or its interests are at stake," writes Michael Damianos, Minister of Energy and Trade of the presidency country Cyprus, in a press release .

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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