The European Parliament and EU Member States have reached a political agreement on legislation implementing the EU–US trade deal. The agreement will eliminate tariffs on all US industrial goods and improve market access for selected US agri-food and seafood products, while including safeguards to protect EU industry against potential trade disruptions. Once formally adopted, the measures will apply until the end of 2029.
The European Commission has welcomed the political agreement reached between the European Parliament and the Council of the European Union on two Regulations implementing the commitments made under the EU-US Joint Statement of 21 August 2025.
The agreement provides for the elimination of tariffs on all US industrial goods entering the European Union, while also granting preferential market access for selected US agricultural and seafood products. According to the Commission, the measures are designed to support stable, fair and predictable transatlantic trade relations while ensuring access to essential products for European industry and consumers.
The Commission stated that the liberalised market access granted to US exports will help make goods needed by EU industry more readily available and more competitive, while safeguarding sensitive sectors through dedicated protection mechanisms. The Regulations include a safeguard clause allowing the EU to take swift action in the event of injurious or potentially injurious increases in imports from the United States. Regular monitoring of trade flows will also be implemented.
In parallel, the Regulations provide the European Union with enforcement tools allowing tariff concessions to be suspended, fully or partially, under specifically defined circumstances linked to the implementation of commitments under the EU-US Joint Statement.
The agreement is intended to reinforce the broader objectives of the EU-US trade framework, including maintaining stable and mutually beneficial transatlantic trade and investment relations and exploring further opportunities to reduce tariffs and address non-tariff barriers.
Commenting on the agreement, European Commissioner for Trade and Economic Security Maroš Šefčovič stated: “Collective effort. Strong result. Meaningful work. After more than five hours of intensive negotiations, I welcome the successful trilogue outcome, fully aligned with the EU-US Joint statement. The EU has shown that we are a reliable trading partner, while standing firm in defending the interests of European stakeholders. Once formally approved by the European Parliament and the Council, this will reinforce stability in transatlantic trade and open the door even wider to constructive cooperation. I trust this is in our shared interest and reflects our common ambition.”
The agreed texts will now proceed to formal adoption by the European Parliament and the Council in the coming weeks, with the objective of ensuring rapid entry into force. Once approved, the liberalised market access measures will apply until the end of 2029, with the possibility of further extension.
The transatlantic partnership remains the world’s largest bilateral trade and investment relationship. According to the European Commission, EU-US trade in goods and services exceeded €1.7 trillion in 2025, including €911 billion in goods trade and €865 billion in services trade. More than €4.9 billion in goods and services cross the Atlantic each day.
The broader EU-US framework also includes continued cooperation on economic security, critical minerals, reduction of non-tariff barriers and addressing global steel overcapacity.
Source: ec.europa.eu
