EU Approves Trade Deal to Cut Tariffs on US Goods

U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen after agreeing on a trade deal between the two economies following their meeting, in Turnberry, Scotland, on July 27, 2025. Brendan Smialowski /AFP via Getty ImagesEuropean Union lawmakers on June 16 approved legislation implementing key parts of a trade agreement with the United States, clearing the way for lower tariffs on a broad range of U.S. goods.The European Parliament voted to approve two regulations tied to the EU–U.S. trade agreement reached by President Donald Trump and European Commission President Ursula von der Leyen in Turnberry, Scotland, in July 2025.