Episode Details

EU-US Trade Deal on Brink of Completion, Despite Trumps Tariff Threats

EU trade leaders are nearing a deal with the US, aiming to finalize it by mid-May, with a key Parliament vote in June. The agreement, stemming from a July 2018 handshake, has faced delays due to Brussels not passing the required laws. The deal, which includes a sunrise clause tying it to the US reducing steel and aluminum tariffs, has drawn criticism for favoring the US with lower duties on EU exports. Lawmakers are divided on the deal, with some pushing for safeguards against Trumps wild cards and others advocating for a quick vote. Despite Trumps threat to increase tariffs on European cars, the EU remains optimistic about the deals progress.

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