EU Transportation News Updates

President Trump said that goods from the EU would face higher tariff rates if the 27-member bloc fails to approve last year’s trade framework by July 4.

President Donald Trump recently vowed to slap 25% tariffs on European vehicles, accusing the bloc of taking too long to ratify the agreement.

Europe is ready to respond should President Donald Trump follow through on his threat to raise tariffs on cars and trucks from the European Union to 25%.

President Donald Trump claimed that the EU had failed to fully comply with a trade agreement negotiated with the U.S.

The deal will now be further negotiated by EU trade representatives Maroš Šefčovič and his U.S. counterpart Jamieson Greer, who are meeting March 27.

Andrew Puzder’s remarks come as the full European Parliament prepares for a vote March 26 on the EU-U.S. trade deal negotiated last year.

The European Parliament’s trade committee will vote March 19 on the accord, which will then go to a full plenary vote later this month or in April.

The U.S., Japan and the EU are set to announce plans in the coming weeks to lay the foundation for a trade agreement in critical minerals, according to people familiar with the preparations.

Top EU lawmakers on the parliament’s trade committee made the choice on March 4, saying they wanted more information from Washington about how it will preserve a 15% ceiling on most EU products.

Trump’s new policy will increase duties above the maximum allowed level on European exports including cheese, butter, some agricultural products, and several plastics, textiles and chemicals.