• Latest
  • Trending
EU PARLIAMENT BACKS CORE TERMS OF US TRADE DEAL

EU PARLIAMENT BACKS CORE TERMS OF US TRADE DEAL

March 28, 2026
USPS MOVES AHEAD WITH TEMPORARY 8% RATE INCREASE ON SELECT SERVICES

USPS MOVES AHEAD WITH TEMPORARY 8% RATE INCREASE ON SELECT SERVICES

March 28, 2026
CHINA OPENS TWO INVESTIGATIONS INTO US TRADE PRACTICES

CHINA OPENS TWO INVESTIGATIONS INTO US TRADE PRACTICES

March 28, 2026
ADVERTISEMENT
US AND JAPAN STEP UP CRITICAL MINERALS COOPERATION

US AND JAPAN STEP UP CRITICAL MINERALS COOPERATION

March 28, 2026
STRAIT OF HORMUZ DISRUPTION PUTS MANUFACTURERS ON ALERT FOR HIGHER COSTS

STRAIT OF HORMUZ DISRUPTION PUTS MANUFACTURERS ON ALERT FOR HIGHER COSTS

March 28, 2026
UPS HALTS DRIVER BUYOUT PROGRAM IN 13-STATE CENTRAL REGION

UPS HALTS DRIVER BUYOUT PROGRAM IN 13-STATE CENTRAL REGION

March 28, 2026
ONE MONTH INTO THE IRAN WAR, SHIPPING REMAINS CAUGHT IN THE CROSSFIRE

ONE MONTH INTO THE IRAN WAR, SHIPPING REMAINS CAUGHT IN THE CROSSFIRE

March 28, 2026
DP WORLD RECASTS MARINE SERVICES AS TRADE DYNAMICS SHIFT

DP WORLD RECASTS MARINE SERVICES AS TRADE DYNAMICS SHIFT

March 28, 2026
MAERSK SHAREHOLDERS FAIL TO WIN VOTE ON ISRAEL-RELATED SHIPMENTS

MAERSK SHAREHOLDERS FAIL TO WIN VOTE ON ISRAEL-RELATED SHIPMENTS

March 28, 2026
EVERGREEN AND COSCO SUSPEND ASIA–MIDDLE EAST LOOPS AS CONFLICT DEEPENS

EVERGREEN AND COSCO SUSPEND ASIA–MIDDLE EAST LOOPS AS CONFLICT DEEPENS

March 28, 2026
COSCO RESUMES GULF BOOKINGS THROUGH MULTIMODAL LAND BRIDGE SOLUTIONS

COSCO RESUMES GULF BOOKINGS THROUGH MULTIMODAL LAND BRIDGE SOLUTIONS

March 28, 2026
QATAR AIRWAYS STORES AIRCRAFT IN SPAIN AS AIRSPACE RESTRICTIONS BITE

QATAR AIRWAYS STORES AIRCRAFT IN SPAIN AS AIRSPACE RESTRICTIONS BITE

March 28, 2026
KENYA’S FLOWER EXPORTS FEEL THE STRAIN OF IRAN CONFLICT

KENYA’S FLOWER EXPORTS FEEL THE STRAIN OF IRAN CONFLICT

March 28, 2026
  • Home
  • About Us
  • Press Room
  • Podcasts
  • Media Kit
  • Contact Us
  • Careers
Saturday, March 28, 2026
  • Login
  • Register
The Logistic News
  • Logistic
  • Air
  • Maritime
  • Land
  • World
  • Business
  • Tech
  • Events
  • Advertise
No Result
View All Result
  • Logistic
  • Air
  • Maritime
  • Land
  • World
  • Business
  • Tech
  • Events
  • Advertise
No Result
View All Result
The Logistic News
No Result
View All Result
Home Business

EU PARLIAMENT BACKS CORE TERMS OF US TRADE DEAL

Lawmakers approved tariff reductions and a series of safeguard mechanisms designed to protect the bloc if US trade policy shifts again.

The Logistic News by The Logistic News
March 28, 2026
in Business, Logistic, World
Reading Time: 2 mins read
0
EU PARLIAMENT BACKS CORE TERMS OF US TRADE DEAL
ADVERTISEMENT

The European Parliament has cleared an important legislative hurdle for the implementation of a framework trade agreement reached with the United States last year.

Lawmakers voted in favour of two key proposals that would eliminate most tariffs on US industrial goods while also granting preferential market access to selected agricultural and seafood products. Under the broader agreement, struck in August, the US agreed to reduce tariffs on many EU goods to 15%.

The parliament also approved several new safeguard measures aimed at protecting European interests if Washington changes course.

ADVERTISEMENT

Among them is a strengthened suspension clause that would allow the EU to halt the agreement if the US imposes tariffs above the 15% ceiling set for European goods. According to a parliament statement, the clause could also be triggered if the US undermines the objectives of the deal, discriminates against EU economic operators, threatens the territorial integrity or foreign and defence policies of member states, or engages in economic coercion.

That reference to territorial integrity carries particular weight given earlier remarks by US President Donald Trump, who had threatened tariff action against eight European countries during a campaign linked to the annexation of Greenland. The EU temporarily paused work on the deal at that time before resuming once Trump withdrew the threat.

Beyond the suspension clause, parliament also endorsed additional provisions designed to ensure Washington follows through on its commitments. One of these is a sunrise clause, requiring the US to implement its tariff cap of 15% on EU steel and aluminium before the bloc activates its own tariff reductions.

The approved rules also include an expiry date of 21 March 2028, although that could later be extended through new legislative proposals. In addition, the package includes a safeguard mechanism that would allow the EU to suspend tariff reductions if import volumes from the US seriously threaten European industry.

The additional protections form what Bernd Lange, chair of the European Parliament’s International Trade Committee, recently described as a “multi-tiered safety net”, reflecting the continuing uncertainty around US trade policy.

The agreement still requires further negotiation with individual member governments before all provisions can be fully implemented.

Previous Post

STRAIT OF HORMUZ DISRUPTION PUTS MANUFACTURERS ON ALERT FOR HIGHER COSTS

Next Post

US AND JAPAN STEP UP CRITICAL MINERALS COOPERATION

Next Post
US AND JAPAN STEP UP CRITICAL MINERALS COOPERATION

US AND JAPAN STEP UP CRITICAL MINERALS COOPERATION

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

A D V E R T I S E M E N T

Popular News

  • Drone Delivery Takes Flight: Amazon Partners with UPS for Trial Program

    Drone Delivery Takes Flight: Amazon Partners with UPS for Trial Program

    0 shares
    Share 0 Tweet 0
  • Rail Cargo Group Strengthens European Network with Captrain Netherlands Acquisition

    0 shares
    Share 0 Tweet 0
  • Automotive Inbound Logistics Market: Navigating Future Challenges

    0 shares
    Share 0 Tweet 0
  • Global Inflation Cools to Target After Three Years, Central Banks Face Policy Dilemma

    0 shares
    Share 0 Tweet 0
  • Dubai Mercantile Exchange Rebrands as Gulf Mercantile Exchange Following Saudi Tadawul Group Acquisition

    0 shares
    Share 0 Tweet 0

Recent News

USPS MOVES AHEAD WITH TEMPORARY 8% RATE INCREASE ON SELECT SERVICES

USPS MOVES AHEAD WITH TEMPORARY 8% RATE INCREASE ON SELECT SERVICES

March 28, 2026
CHINA OPENS TWO INVESTIGATIONS INTO US TRADE PRACTICES

CHINA OPENS TWO INVESTIGATIONS INTO US TRADE PRACTICES

March 28, 2026
US AND JAPAN STEP UP CRITICAL MINERALS COOPERATION

US AND JAPAN STEP UP CRITICAL MINERALS COOPERATION

March 28, 2026

Discover a new era of logistics reporting with The Logistic News, your go-to platform for breaking news, insightful features, and exclusive interviews shaping the global logistics and freight landscape. Trust us to deliver accurate, timely, and relevant information that empowers professionals and enthusiasts alike in navigating the intricacies of this vital sector.

Navigation

  • Home
  • About Us
  • Press Room
  • Podcasts
  • Media Kit
  • Contact Us
  • Careers
  • Privacy Policy
  • Terms of Use

© 2024 - thelogisticnews.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

SIgn Up Newsletter

This will close in 20 seconds

Manage Cookie Consent
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show (non-) personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
No Result
View All Result
  • Logistic
  • Air
  • Maritime
  • Land
  • World
  • Business
  • Tech
  • Events
  • Advertise

© 2024 - thelogisticnews.com