EU Lawmakers Approve US Trade Deal Ahead of Trump Deadline

It will also reduce levies on some American agricultural products.

US President Donald Trump struck a framework deal with the European Union at his Turnberry golf course in Scotland last July under which the EU agreed to remove import duties on US industrial goods in return for tariffs of 15 per cent on most EU goods.

The European Parliament has approved cutting tariffs on many US imports to comply with a deal signed last year.

EU capitals have already endorsed the deal, meaning Parliament's approval was the final political step before its implementation − and puts the bloc well on track to meet Trump's July 4 deadline and defuse his threat of new tariffs on European vehicles.