economy
March 17, 2026
EU Resumes Ratification of Trade Agreement with USA
The European Union plans to resume the ratification process of the trade agreement with the United States despite tensions on both sides of the Atlantic.
TL;DR
- The European Parliament will resume the ratification process for a trade agreement with the United States.
- This decision comes despite recent US investigations into EU trade practices that could result in increased tariffs.
- Ratification is contingent on Washington respecting key provisions, including a 15% tariff limit on most EU exports.
- This step could ease recent transatlantic tensions, which have been strained by delays and political uncertainties.
- The EU had previously slowed ratification due to actions by the US president, such as threats concerning Greenland and global tariffs.
- The European Commission stated it would react "decisively and proportionally" if the US violates the agreement's terms.
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