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European Union governments cleared legislation Wednesday to remove import duties on many U.S. goods, a move that should help avert U.S. President Donald Trump’s threat of higher tariffs on EU cars and other products, Reuters reported, citing an EU source with knowledge of the meeting.
The measure is tied to a trade deal struck last July at Trump’s Turnberry golf resort in Scotland.
Under that framework accord, the EU agreed to remove import duties on U.S. industrial goods and grant preferential access to U.S. farm and seafood products.
The EU also accepted U.S. tariffs of 15% on most EU goods as part of the deal.
The framework accord was reached 10 months ago, but the EU had still not fulfilled its side of the agreement.
The delay prompted Trump to warn that he would impose “much higher” tariffs on EU goods if the bloc did not implement its commitments by July 4.
The legislation cleared by EU governments is intended to move the EU toward implementing those commitments.
According to the EU source cited by Reuters, the step should help avert higher U.S. tariffs on EU cars and other products.
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