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Originally published by Capital News
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March 27, 2026
4h ago

European Parliament gives conditional approval to EU-US trade deal

European Parliament gives conditional approval to EU-US trade deal

The legislation would set tariffs at 15% for most EU goods - down from the 30% initially threatened - in exchange for European investment in the US andthe removal of EU import duties on US industrial goods. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

The European Parliament has given conditional approval to an EU-US trade deal, months after President Donald Trump's tariff threats introduced uncertainty.

  • Lawmakers voted in favour of implementing the deal, which sets tariffs at 15% for most EU goods, in exchange for European investment and removal of EU import duties on US industrial goods.
  • This conditional approval comes after delays linked to Trump's threats and a US Supreme Court ruling.
  • The legislation includes safeguards, such as a provision to suspend the agreement if the US imposes tariffs above 15% or threatens the EU's territorial sovereignty.

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